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

Emerita Resources Corp. (CVE:EMOGet Free Report) traded up 33.3% on Thursday . The stock traded as high as C$0.61 and last traded at C$0.60. 3,651,176 shares changed hands during 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 Stock Performance

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 business has a 50-day simple moving average of C$1.31 and a 200-day simple moving average of C$1.29. The firm has a market capitalization of C$147.41 million, a PE ratio of -6.38 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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