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

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price traded down 9.8% during trading on Friday . 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 stock has a market cap of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95. 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 company has a 50-day simple moving average of C$1.41 and a two-hundred day simple moving average of C$1.09.

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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