Emergent Metals Corp. (OTCMKTS:EGMCF) Sees Significant Growth in Short Interest

Emergent Metals Corp. (OTCMKTS:EGMCF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 38,800 shares, an increase of 29.8% from the December 15th total of 29,900 shares. Based on an average daily trading volume, of 105,900 shares, the short-interest ratio is currently 0.4 days.

Emergent Metals Trading Up 6.7 %

EGMCF traded up $0.00 during trading on Friday, hitting $0.05. 22,600 shares of the stock were exchanged, compared to its average volume of 141,691. The firm has a 50 day simple moving average of $0.06 and a 200 day simple moving average of $0.05. Emergent Metals has a 1 year low of $0.02 and a 1 year high of $0.09.

Emergent Metals Company Profile

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for gold, silver, molybdenum, copper, and other mineral deposits. The company holds interest in the Golden Arrow, the New York Canyon, the Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide properties located in Nevada, the United States.