Emerita Resources (EMO.V) Stock Is Gaining Momentum: Chance To Invest?

On July 5 the Emerita Resources (EMO.V)  stock reached its highest point, which was C$1.96. The Emerita Resources (EMO.V) stock was never so high. From June 25 until July 5 the stock gained 63%. The jump was from C$1.2 to C$1.96. Analysts claim that this sudden rise is the result of several factors. They also think that this is one of the best long-term investments. Here is why: Emerita Resources Corp. (EMOTF) announces the mobilization of a second diamond rig to accelerate drilling at La Infanta in the Iberia Western Belt project. According to Joaquin Merino, P. Geo., President of Emerita, “after a slow start due to different protocols, the drilling program is now well underway. The second workout on the Infanta allows us to accelerate the program and it is expected that next week we will receive analyzes of the first wells. “

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Emerita is a mining company engaged in the acquisition, exploration, and development of minerals in Europe with a focus on exploration in Spain. The corporate office and technical group are located in Seville, Spain, with an administrative office in Toronto, Canada.

Jack Dawkins

Finance and Tech Contributor

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