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

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price hit a new 52-week high on Wednesday . The company 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 Price Performance

The company’s 50-day moving average is C$1.08 and its 200-day moving average is C$0.80. The firm has a market cap of C$388.36 million, a price-to-earnings ratio of -26.17 and a beta of 4.95. The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66.

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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