Emerita Resources (CVE:EMO) Shares Up 33.3% – Should You Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was up 33.3% on Thursday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 3,651,176 shares were traded during trading, an increase of 567% from the average daily volume of 547,319 shares. The stock had previously closed at C$0.45.

Emerita Resources Stock Up 33.3%

The firm has a market cap of C$173.42 million, a PE ratio of -7.50 and a beta of 2.95. 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 business has a 50-day moving average price of C$1.35 and a two-hundred day moving average price of C$1.30.

About Emerita Resources

(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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