Emerita Resources (CVE:EMO) Trading 10.3% Higher – What’s Next?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was up 10.3% during trading on Wednesday . The company traded as high as C$1.34 and last traded at C$1.29. Approximately 257,202 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 544,355 shares. The stock had previously closed at C$1.17.

Emerita Resources Stock Performance

The firm has a market capitalization of C$329.90 million, a P/E ratio of -24.49 and a beta of 4.95. 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 company has a 50-day simple moving average of C$1.36 and a two-hundred day simple moving average of C$0.95.

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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