Emerita Resources (CVE:EMO) Trading Up 0.6% – Still a Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report) shares were up 0.6% during mid-day trading on Thursday . The stock traded as high as C$1.60 and last traded at C$1.59. Approximately 391,849 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 325,067 shares. The stock had previously closed at C$1.58.

Emerita Resources Trading Up 5.7 %

The company has a debt-to-equity ratio of 96.66, a current ratio of 8.21 and a quick ratio of 44.86. The company has a market cap of C$415.56 million, a PE ratio of -28.00 and a beta of 4.95. The company’s 50 day simple moving average is C$1.10 and its two-hundred day simple moving average is C$0.81.

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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