Emergent Metals Corp. (CVE:EMR – Get Free Report) shares were down 20% on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 176,500 shares were traded during mid-day trading, an increase of 76% from the average daily volume of 100,275 shares. The stock had previously closed at C$0.05.
Emergent Metals Trading Down 20.0%
The company has a market capitalization of C$2.07 million, a price-to-earnings ratio of -2.00 and a beta of 2.47. 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’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.
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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