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

Emergent Metals Corp. (OTCMKTS:EGMCF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 15,800 shares, an increase of 1,875.0% from the March 31st total of 800 shares. Based on an average trading volume of 161,200 shares, the days-to-cover ratio is presently 0.1 days.

Emergent Metals Stock Performance

EGMCF opened at $0.05 on Friday. Emergent Metals has a 52-week low of $0.04 and a 52-week high of $0.15. The firm’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.06.

About Emergent Metals

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.