Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 15% on Saturday . The company traded as low as C$0.50 and last traded at C$0.51. Approximately 2,733,823 shares traded 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 stock has a fifty day simple moving average of C$1.31 and a 200-day simple moving average of C$1.30. The stock has a market cap of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95. 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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