Emerita Resources (CVE:EMO) Trading Up 7.7% – Time to Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report) shares were up 7.7% on Wednesday . The stock traded as high as C$1.34 and last traded at C$1.26. Approximately 186,296 shares were traded during mid-day 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 Up 8.5 %

The stock has a fifty day moving average of C$1.37 and a two-hundred day moving average of C$0.96. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The stock has a market cap of C$360.59 million, a price-to-earnings ratio of -26.77 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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