Emerita Resources (EMO) Trading Up 25%

Emerita Resources Corp (CVE:EMO)’s share price was up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 114,000 shares traded hands during trading, a decline of 53% from the average daily volume of 242,338 shares. The stock had previously closed at C$0.02.

The company has a market capitalization of $2.84 million and a price-to-earnings ratio of -0.80.

Emerita Resources (CVE:EMO) last released its quarterly earnings data on Tuesday, January 29th. The company reported C($0.02) earnings per share for the quarter.

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About Emerita Resources (CVE:EMO)

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Europe. The company primarily explores for gold and zinc deposits. It holds interests in the Las Morras property comprising 230 claims covering an area of approximately 7,000 hectares located in the eastern part of the Badajoz province of Spain; and the Sierra Alta property with 90 mining claims totaling an area of 2,700 hectares located in the Asturias region in northwestern Spain.

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