Emerita Resources (CVE:EMO) Trading 0.9% Higher – Still a Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report) traded up 0.9% during mid-day trading on Monday . The stock traded as high as C$1.14 and last traded at C$1.13. 100,693 shares traded hands during trading, a decline of 68% from the average session volume of 314,480 shares. The stock had previously closed at C$1.12.

Emerita Resources Stock Performance

The firm’s 50 day moving average is C$0.96 and its 200-day moving average is C$0.76. The company has a debt-to-equity ratio of 96.66, a quick ratio of 44.86 and a current ratio of 8.21. The company has a market cap of C$269.62 million, a PE ratio of -18.17 and a beta of 4.95.

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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