Emergent Metals (CVE:EMR) Trading Down 20% – Time to Sell?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s stock price dropped 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 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 Stock Down 20.0%

The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a current ratio of 0.08, a quick ratio of 0.23 and a debt-to-equity ratio of 3.61. The company has a market cap of C$2.07 million, a price-to-earnings ratio of -2.00 and a beta of 2.47.

Emergent Metals Company Profile

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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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