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

by · The Cerbat Gem

Emerita Resources Corp. (CVE:EMO – Get Free Report) shares rose 33.3% on Wednesday . The company traded as high as C$0.61 and last traded at C$0.60. Approximately 3,651,176 shares traded hands during 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 Trading Up 33.3%

The firm has a market cap of C$173.42 million, a PE ratio of -7.50 and a beta of 2.95. 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 company has a 50 day simple moving average of C$1.35 and a two-hundred day simple moving average of C$1.30.

About Emerita Resources

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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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