Emergent Metals (CVE:EMR) Shares Up 36.4% – Still a Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) traded up 36.4% during mid-day trading on Thursday . The company 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 Trading Up 36.4 %

The company has a quick ratio of 0.23, a current ratio of 0.11 and a debt-to-equity ratio of 3.35. The company’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.07. The company has a market cap of C$2.41 million, a price-to-earnings ratio of -1.50 and a beta of 0.79.

About Emergent Metals

(Get Free Report)

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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