Emerita Resources (CVE:EMO) Shares Up 6.1%

Emerita Resources Corp. (CVE:EMOGet Free Report) shares rose 6.1% during trading on Friday . The company traded as high as C$0.71 and last traded at C$0.70. Approximately 50,891 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 206,261 shares. The stock had previously closed at C$0.66.

Emerita Resources Stock Up 6.1 %

The company has a current ratio of 18.28, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66. The firm’s 50 day moving average price is C$0.62 and its two-hundred day moving average price is C$0.51. The company has a market capitalization of C$173.12 million, a price-to-earnings ratio of -7.78 and a beta of 4.79.

Emerita Resources (CVE:EMOGet Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The company reported C($0.01) earnings per share for the quarter.

About Emerita Resources

(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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