Emerita Resources (CVE:EMO) Stock Price Up 33.3% – Time to Buy?

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

Emerita Resources Stock Up 33.3%

The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a 50 day simple moving average of C$1.35 and a two-hundred day simple moving average of C$1.30. The stock has a market cap of C$173.42 million, a P/E 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.

Featured 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.