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

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price dropped 9.8% during trading on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands during trading, an increase of 36% from the average daily volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Stock Down 9.8 %

The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The business’s fifty day moving average price is C$1.41 and its 200 day moving average price is 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.

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.

Recommended Stories

Receive News & Ratings for Emerita Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerita Resources and related companies with MarketBeat.com's FREE daily email newsletter.