Emerita Resources (CVE:EMO) Trading Up 33.3% – Time to Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was up 33.3% during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60. Approximately 3,651,176 shares were traded during trading, an increase of 567% from the average daily volume of 547,319 shares. The stock had previously closed at C$0.45.

Emerita Resources Trading Up 33.3%

The stock has a 50-day simple moving average of C$1.35 and a two-hundred day simple moving average of C$1.30. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a market cap of C$173.42 million, a PE ratio of -7.50 and a beta of 2.95.

Emerita Resources Company Profile

(Get Free Report)

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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