Emerita Resources (CVE:EMO) Trading 24.4% Higher – Here’s What Happened

by · The Cerbat Gem

Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price was up 24.4% on Wednesday . The company traded as high as C$0.57 and last traded at C$0.56. Approximately 2,748,213 shares were traded during trading, an increase of 406% from the average daily volume of 542,922 shares. The stock had previously closed at C$0.45.

Emerita Resources Trading Down 15.0%

The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The firm’s 50 day moving average is C$1.31 and its two-hundred day moving average is C$1.29. The stock has a market cap of C$147.41 million, a price-to-earnings ratio of -6.38 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.

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