Emerita Resources (CVE:EMO) Trading 26.7% Higher – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price traded up 26.7% during trading on Wednesday . The company traded as high as C$0.57 and last traded at C$0.57. 2,397,938 shares traded 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 Performance

The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a 50 day moving average price of C$1.37 and a two-hundred day moving average price of C$1.31. The company has a market capitalization of C$160.41 million, a P/E ratio of -6.94 and a beta of 2.95.

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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