Emerita Resources (CVE:EMO) Sets New 52-Week High – Still a Buy?

Emerita Resources Corp. (CVE:EMOGet Free Report) reached a new 52-week high on Friday . The stock traded as high as C$1.07 and last traded at C$1.04, with a volume of 458492 shares trading hands. The stock had previously closed at C$1.02.

Emerita Resources Stock Performance

The stock has a 50 day simple moving average of C$0.67 and a 200-day simple moving average of C$0.65. The firm has a market cap of C$252.31 million, a P/E ratio of -17.00 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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