Emergent Metals Corp. (CVE:EMR – Get Free Report)’s stock price dropped 20% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 158,522 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 316,325 shares. The stock had previously closed at C$0.10.
Emergent Metals Stock Performance
The firm has a market cap of C$3.88 million, a P/E ratio of -7.50 and a beta of 2.52. The company has a debt-to-equity ratio of 52.16, a quick ratio of 0.23 and a current ratio of 0.43. The company’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.08.
Emergent Metals Company Profile
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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