Emerita Resources Corp. (CVE:EMO – Get Free Report) shot up 7% during trading on Monday . The stock traded as high as C$1.30 and last traded at C$1.23. 858,111 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 529,897 shares. The stock had previously closed at C$1.15.
Emerita Resources Price Performance
The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The company has a market capitalization of C$309.44 million, a price-to-earnings ratio of -22.97 and a beta of 4.95. The stock’s 50-day simple moving average is C$1.45 and its two-hundred day simple moving average is C$1.05.
About Emerita Resources
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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