Emergent Metals (CVE:EMR) Stock Price Down 18.2% – Should You Sell?

Emergent Metals Corp. (CVE:EMRGet Free Report)’s share price was down 18.2% on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 98,000 shares changed hands during mid-day trading, an increase of 176% from the average daily volume of 35,517 shares. The stock had previously closed at C$0.06.

Emergent Metals Price Performance

The stock has a market capitalization of C$1.82 million, a PE ratio of -2.66 and a beta of 0.79. The stock’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.08. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.23 and a current ratio of 0.08.

About Emergent Metals

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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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