Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares traded 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 Performance
The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The company has a market capitalization of C$304.33 million, a price-to-earnings ratio of -22.59 and a beta of 4.95. The firm has a fifty day simple moving average of C$1.41 and a 200 day simple moving average of C$1.09.
Emerita Resources Company Profile
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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