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Emerita Resources (CVE:EMO) Trading Up 10.3% - What's Next?

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

Emerita Resources Stock Performance

The firm has a market cap of C$347.80 million, a price-to-earnings ratio of -25.82 and a beta of 4.95. The stock has a 50 day moving average of C$1.37 and a 200 day moving average of C$0.97. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.

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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