Emergent Metals Corp. (OTCMKTS:EGMCF) Short Interest Up ∞ in July

Emergent Metals Corp. (OTCMKTS:EGMCF) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 59,040 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 297,664 shares, the days-to-cover ratio is presently 0.2 days.

Emergent Metals Stock Performance

Shares of Emergent Metals stock remained flat at $0.06 during trading on Wednesday. Emergent Metals has a 12-month low of $0.01 and a 12-month high of $0.14. The company’s 50-day moving average price is $0.05 and its 200-day moving average price is $0.07.

Emergent Metals Company Profile

Emergent Metals (OTCMKTS:EGMCF) is a Vancouver-based precious metals streaming and royalty company that provides upfront financing to mineral producers in exchange for future deliveries of metals such as gold, silver and platinum group elements. By acquiring streams and royalties rather than operating its own mines, the company seeks to generate long-term, low-cost exposure to a diversified portfolio of producing and development-stage metal projects.

The company’s business model centers on negotiating agreements with established mining operators to secure a percentage of metal production at predetermined prices.