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Emerita Resources (CVE:EMO) Trading Up 9% - Here's What Happened

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s share price shot up 9% during trading on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.46. 287,885 shares were traded during mid-day trading, an increase of 1% from the average session volume of 286,408 shares. The stock had previously closed at C$1.34.

Emerita Resources Stock Performance

The company has a market capitalization of C$420.51 million, a price-to-earnings ratio of -28.33 and a beta of 4.95. The firm has a fifty day simple moving average of C$1.12 and a 200 day simple moving average of C$0.81. The company has a debt-to-equity ratio of 96.66, a current ratio of 8.21 and a quick ratio of 44.86.

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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