Shares of Emergent Metals Corp. (CVE:EMR – Get Free Report) rose 36.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares were traded during mid-day 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 Trading Down 13.3 %
The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.23 and a current ratio of 0.11. The firm has a market cap of C$2.09 million, a PE ratio of -1.30 and a beta of 0.79. The stock’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.07.
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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