Emerita Resources (CVE:EMO) Shares Up 26.7% – Time to Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price shot up 26.7% during mid-day trading on Wednesday . The company traded as high as C$0.57 and last traded at C$0.57. 2,397,938 shares changed hands during trading, an increase of 343% from the average session volume of 541,192 shares. The stock had previously closed at C$0.45.

Emerita Resources Stock Up 23.3%

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$160.41 million, a PE ratio of -6.94 and a beta of 2.95. The firm has a 50 day moving average price of C$1.37 and a 200-day moving average price of C$1.31.

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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