Emerita Resources (CVE:EMO) Hits New 1-Year High – Still a Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.59 and last traded at C$1.54, with a volume of 290626 shares traded. The stock had previously closed at C$1.58.

Emerita Resources Trading Up 1.2 %

The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66. The company has a market cap of C$420.51 million, a PE ratio of -28.33 and a beta of 4.95. The stock has a 50 day moving average price of C$1.12 and a 200 day moving average price of C$0.81.

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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