Emergent Metals Corp. (CVE:EMR – Get Free Report) was down 20% on Saturday . The company 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 Performance
The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08. The stock’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04. The firm has a market cap of C$2.07 million, a P/E ratio of -2.00 and a beta of 2.47.
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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