Emergent Metals (CVE:EMR) Shares Up 31.3% – Here’s What Happened

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price shot up 31.3% during trading on Monday . The company traded as high as C$0.12 and last traded at C$0.11. 1,412,167 shares were traded during trading, an increase of 392% from the average session volume of 287,203 shares. The stock had previously closed at C$0.08.

Emergent Metals Stock Up 31.3%

The company has a debt-to-equity ratio of 3.61, a current ratio of 0.08 and a quick ratio of 0.23. The stock has a market cap of C$5.44 million, a price-to-earnings ratio of -10.50 and a beta of 2.72. The firm has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

Emergent Metals Company Profile

(Get Free Report)

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.

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