Emerita Resources (CVE:EMO) Trading 7.7% Higher – What’s Next?

Emerita Resources Corp. (CVE:EMOGet Free Report) shares rose 7.7% during mid-day trading on Wednesday . The stock traded as high as C$1.34 and last traded at C$1.26. Approximately 186,296 shares traded hands during trading, a decline of 66% from the average daily volume of 542,924 shares. The stock had previously closed at C$1.17.

Emerita Resources Stock Performance

The stock has a fifty day moving average price of C$1.36 and a 200 day moving average price of C$0.95. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The firm has a market cap of C$335.02 million, a price-to-earnings ratio of -24.87 and a beta of 4.95.

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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