Emerita Resources (CVE:EMO) Shares Up 1.5% – Still a Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price traded up 1.5% during mid-day trading on Thursday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 147,720 shares were traded during trading, a decline of 67% from the average daily volume of 450,343 shares. The stock had previously closed at C$0.33.

Emerita Resources Trading Up 1.5%

The stock has a 50 day moving average of C$0.36 and a 200-day moving average of C$0.38. The company has a market capitalization of C$99.37 million, a P/E ratio of -5.58 and a beta of 2.02. The company has a current ratio of 8.16, a quick ratio of 44.86 and a debt-to-equity ratio of 13.92.

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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