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

by · The Cerbat Gem

Emerita Resources Corp. (CVE:EMO – Get Free Report) shares traded up 33.3% during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60. 3,651,176 shares changed hands during 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 Price Performance

The stock has a 50-day moving average price of C$1.35 and a two-hundred day moving average price 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 cap of C$173.42 million, a price-to-earnings ratio of -7.50 and a beta of 2.95.

Emerita Resources Company Profile

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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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