Emergent Metals (CVE:EMR) Trading Up 25% – What’s Next?

Emergent Metals Corp. (CVE:EMR)’s share price traded up 25% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,072,800 shares changed hands during trading, an increase of 413% from the average session volume of 209,295 shares. The stock had previously closed at C$0.06.

Emergent Metals Stock Performance

The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The company has a market cap of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.72. The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61.

Emergent Metals Company Profile

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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.