Emergent Metals Corp. (CVE:EMR – Get Free Report) shares dropped 18.2% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 98,000 shares changed hands during trading, an increase of 176% from the average daily volume of 35,517 shares. The stock had previously closed at C$0.06.
Emergent Metals Stock Down 10.0 %
The company has a quick ratio of 0.23, a current ratio of 0.08 and a debt-to-equity ratio of 3.61. The company has a market capitalization of C$1.64 million, a PE ratio of -2.40 and a beta of 0.79. The stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.08.
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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