Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) were up 17.8% during mid-day trading on Wednesday . The company traded as high as C$0.53 and last traded at C$0.53. Approximately 900,841 shares were traded during trading, an increase of 69% from the average daily volume of 533,106 shares. The stock had previously closed at C$0.45.
Emerita Resources Price Performance
The company has a market capitalization of C$153.19 million, a P/E ratio of -6.63 and a beta of 2.95. The stock’s fifty day simple moving average is C$1.37 and its 200-day simple moving average is C$1.31. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.
About Emerita Resources
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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