Emerita Resources (CVE:EMO) Trading Up 33.3% – Here’s What Happened

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) shot up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.61 and last traded at C$0.60. 3,651,176 shares were traded during mid-day trading, an increase of 567% from the average session volume of 547,319 shares. The stock had previously closed at C$0.45.

Emerita Resources Price Performance

The company has a 50 day moving average of C$1.35 and a 200-day moving average of C$1.30. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The company has a market cap of C$173.42 million, a P/E ratio of -7.50 and a beta of 2.95.

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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