Emergent Metals (CVE:EMR) Trading Up 36.4% – Time to Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) was up 36.4% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 116,000 shares changed hands during 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 Up 36.4 %

The company has a current ratio of 0.11, a quick ratio of 0.23 and a debt-to-equity ratio of 3.35. The stock has a market capitalization of C$2.41 million, a price-to-earnings ratio of -1.50 and a beta of 0.79. The business has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.07.

About Emergent Metals

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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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