Emerita Resources (CVE:EMO) Stock Price Up 16.7% – Here’s What Happened

by · The Markets Daily

Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price rose 16.7% during trading on Wednesday . The company traded as high as C$0.56 and last traded at C$0.53. Approximately 1,913,412 shares changed hands during trading, an increase of 255% from the average daily volume of 539,578 shares. The stock had previously closed at C$0.45.

Emerita Resources Trading Down 15.0%

The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The business’s 50-day moving average is C$1.33 and its 200 day moving average is C$1.30. The firm has a market capitalization of C$147.41 million, a P/E 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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