Emergent Metals Corp. (OTCMKTS:EGMCF) Sees Large Growth in Short Interest

Emergent Metals Corp. (OTCMKTS:EGMCFGet Rating) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 2,600 shares, a growth of 2,500.0% from the June 30th total of 100 shares. Based on an average daily volume of 11,700 shares, the short-interest ratio is presently 0.2 days.

Emergent Metals Stock Performance

Shares of EGMCF stock opened at $0.20 on Thursday. The company has a 50 day moving average price of $0.16 and a 200 day moving average price of $0.19. Emergent Metals has a fifty-two week low of $0.11 and a fifty-two week high of $0.52.

About Emergent Metals

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Emergent Metals Corp., a gold and base metal exploration company, acquires, explores for, and develops mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. Its flagship property is the Golden Arrow property that includes 17 patented lode mineral claims and 494 unpatented claims covering an area of approximately 10,000 acres located to the east of Tonopah in Nye County, Nevada.

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