Emerita Resources (CVE:EMO) Trading 14.8% Higher – Time to Buy?

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) rose 14.8% on Thursday . The stock traded as high as C$1.06 and last traded at C$1.01. Approximately 367,718 shares were traded during trading, an increase of 94% from the average daily volume of 189,484 shares. The stock had previously closed at C$0.88.

Emerita Resources Stock Up 2.9 %

The company has a 50-day moving average of C$0.68 and a 200-day moving average of C$0.65. The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66. The company has a market capitalization of C$259.73 million, a price-to-earnings ratio of -17.50 and a beta of 4.95.

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.

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