Emerita Resources (CVE:EMO) Trading Down 9.8% – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report) traded down 9.8% during trading on Thursday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares were traded 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 Stock Down 9.8 %

The firm has a market capitalization of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The company has a 50 day simple moving average of C$1.42 and a two-hundred day simple moving average of C$1.09.

Emerita Resources Company Profile

(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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