Emerita Resources (CVE:EMO) Shares Down 9.8% – What’s Next?

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) traded down 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Trading Down 9.8 %

The firm has a fifty day moving average of C$1.42 and a 200 day moving average of C$1.09. The firm has a market capitalization of C$304.33 million, a PE ratio of -22.59 and a beta of 4.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42.

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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