Emerita Resources (CVE:EMO) Stock Price Up 33.3% – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price shot up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.61 and last traded at C$0.60. 3,651,176 shares traded hands during mid-day trading, an increase of 567% from the average session volume of 547,319 shares. The stock had previously closed at C$0.45.

Emerita Resources Stock Down 15.0%

The stock has a market cap of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95. The firm has a 50 day simple moving average of C$1.31 and a 200-day simple moving average of C$1.29. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.

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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