Emerita Resources (CVE:EMO) Stock Price Up 20% – What’s Next?

by · The Cerbat Gem

Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price rose 20% during mid-day trading on Wednesday . The company traded as high as C$0.56 and last traded at C$0.54. Approximately 1,689,543 shares were traded during mid-day trading, an increase of 214% from the average daily volume of 538,882 shares. The stock had previously closed at C$0.45.

Emerita Resources Trading Up 22.2%

The firm has a market cap of C$158.97 million, a PE ratio of -6.88 and a beta of 2.95. The company has a 50-day simple moving average of C$1.37 and a 200 day simple moving average of C$1.31. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05.

Emerita Resources Company Profile

(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.

See Also