Emergent Metals Corp. (OTCMKTS:EGMCF – Get Rating) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 3,700 shares, a drop of 40.3% from the January 31st total of 6,200 shares. Based on an average trading volume of 32,800 shares, the days-to-cover ratio is currently 0.1 days.
Emergent Metals Price Performance
Shares of EGMCF stock traded down $0.01 during mid-day trading on Friday, reaching $0.13. The stock had a trading volume of 1,417 shares, compared to its average volume of 52,365. The firm's 50 day simple moving average is $0.19 and its 200 day simple moving average is $0.20. Emergent Metals has a one year low of $0.11 and a one year high of $0.27.
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Emergent Metals Corp. is a gold, silver and mineral exploration and development company. Its properties include the Golden Arrow, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide. The company was founded on March 17, 1989 and is headquartered in Vancouver, Canada.
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