Emerita Resources (CVE:EMO) Stock Price Up 33.3% – Here’s What Happened

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price traded up 33.3% during trading on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. 3,651,176 shares changed hands during mid-day trading, an increase of 567% from the average session volume of 547,319 shares. The stock had previously closed at C$0.45.

Emerita Resources Trading Up 33.3%

The business has a 50 day simple moving average of C$1.35 and a 200-day simple moving average of C$1.30. 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 stock has a market capitalization of C$173.42 million, a price-to-earnings ratio of -7.50 and a beta of 2.95.

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.

Recommended Stories

Receive News & Ratings for Emerita Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerita Resources and related companies with MarketBeat.com's FREE daily email newsletter.