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Emerita Resources (CVE:EMO) Sets New 12-Month High - Still a Buy?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$2.00 and last traded at C$1.90, with a volume of 1057935 shares changing hands. The stock had previously closed at C$1.89.

Emerita Resources Stock Down 2.7 %

The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The company has a 50-day simple moving average of C$1.26 and a 200 day simple moving average of C$0.87. The company has a market cap of C$452.66 million, a P/E ratio of -33.60 and a beta of 4.95.

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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