Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) shot 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. 116,000 shares changed hands during trading, an increase of 99% from the average session volume of 58,333 shares. The stock had previously closed at C$0.06.
Emergent Metals Price Performance
The stock has a market capitalization of C$2.41 million, a P/E ratio of -1.50 and a beta of 0.79. The company has a 50 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.
About Emergent Metals
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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