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Emerita Resources (CVE:EMO) Trading 0.9% Higher - Time to Buy?

Emerita Resources logo with Basic Materials background

Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) shot up 0.9% on Monday . The company traded as high as C$1.14 and last traded at C$1.13. 100,693 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 314,480 shares. The stock had previously closed at C$1.12.

Emerita Resources Stock Performance

The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66. The company has a market cap of C$279.52 million, a P/E ratio of -18.83 and a beta of 4.95. The company has a 50 day moving average price of C$0.96 and a 200-day moving average price of C$0.76.

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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