Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) rose 7.7% on Wednesday . The company traded as high as C$1.34 and last traded at C$1.26. Approximately 186,296 shares changed 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 Up 12.0 %
The stock has a market capitalization of C$335.02 million, a P/E ratio of -24.87 and a beta of 4.95. The firm has a 50 day moving average of C$1.36 and a 200-day moving average of C$0.95. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.
About Emerita Resources
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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