Emerita Resources Corp. (CVE:EMO – Get Free Report) shares were down 15% during trading on Saturday . The stock traded as low as C$0.50 and last traded at C$0.51. Approximately 2,733,823 shares changed hands during mid-day trading, an increase of 380% from the average daily volume of 569,175 shares. The stock had previously closed at C$0.60.
Emerita Resources Stock Performance
The firm has a market capitalization of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95. The company has a 50-day simple moving average of C$1.31 and a two-hundred day simple moving average of C$1.30. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42.
About Emerita Resources
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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