Emerita Resources (CVE:EMO) Trading 7.7% Higher – Still a Buy?

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

Emerita Resources Stock Performance

The company has a market capitalization of C$335.02 million, a P/E ratio of -24.87 and a beta of 4.95. The company’s 50 day moving average is C$1.36 and its 200-day moving average is 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.

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.

Further Reading

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