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

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

The company has a market cap of C$2.41 million, a PE ratio of -1.50 and a beta of 0.79. The stock has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 3.35, a current ratio of 0.11 and a quick ratio of 0.23.

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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