Emerita Resources (CVE:EMO) Trading Up 3.8% – Here’s Why

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) were up 3.8% during trading on Friday . The stock traded as high as C$1.36 and last traded at C$1.36. Approximately 176,421 shares were traded during trading, a decline of 60% from the average daily volume of 444,500 shares. The stock had previously closed at C$1.31.

Emerita Resources Stock Up 3.8%

The business’s fifty day simple moving average is C$1.43 and its two-hundred day simple moving average is C$1.31. The company has a market cap of C$393.09 million, a PE ratio of -17.00 and a beta of 2.78. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.

About Emerita Resources

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Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Spain. It primarily explores for gold, silver, zinc, and copper deposits. The company is headquartered in Toronto, Canada.

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