Emerita Resources (CVE:EMO) Trading 0.8% Higher - Still a Buy?

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s share price traded up 0.8% during trading on Monday . The stock traded as high as C$1.26 and last traded at C$1.24. 169,068 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 476,542 shares. The stock had previously closed at C$1.23.

Emerita Resources Trading Up 0.8%

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 firm has a 50 day moving average of C$1.29 and a 200 day moving average of C$1.16. The firm has a market cap of C$317.11 million, a PE ratio of -23.54 and a beta of 4.95.

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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