Emergent Metals (CVE:EMR) Director Acquires C$11,000.00 in Stock

Emergent Metals Corp. (CVE:EMR) Director Andrew Macritchie bought 100,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were purchased at an average cost of C$0.11 per share, with a total value of C$11,000.00. Following the acquisition, the director directly owned 364,500 shares of the company’s stock, valued at approximately C$40,095. This represents a 37.81% increase in their position.

Emergent Metals Stock Performance

EMR stock opened at C$0.11 on Monday. 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 company’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. Emergent Metals Corp. has a 52 week low of C$0.03 and a 52 week high of C$0.13. The company has a market capitalization of C$5.44 million, a PE ratio of -10.50 and a beta of 3.65.

Emergent Metals Company Profile

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. in March 2022. Emergent Metals Corp. was incorporated in 1989 and is based in Vancouver, Canada.