Emergent Metals (CVE:EMR) Trading Up 36.4% – Should You Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) shares were up 36.4% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares were traded during trading, an increase of 99% from the average daily volume of 58,333 shares. The stock had previously closed at C$0.06.

Emergent Metals Stock Up 36.4 %

The firm has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The firm has a market cap of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79.

Emergent Metals Company Profile

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Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, molybdenum, copper, base, and other mineral deposits. The company was formerly known as Emgold Mining Corporation and changed its name to Emergent Metals Corp.

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