Emerita Resources (CVE:EMO) Stock Price Down 9.8% – Here’s What Happened

Emerita Resources Corp. (CVE:EMOGet Free Report) shares traded down 9.8% on Friday . The stock 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 Performance

The stock’s 50 day simple moving average is C$1.41 and its two-hundred day simple moving average is C$1.09. The company 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 debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.

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.

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.