Emerita Resources (CVE:EMO) Trading Down 15% – Should You Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price traded down 15% on Saturday . The company traded as low as C$0.50 and last traded at C$0.51. 2,733,823 shares were traded during mid-day trading, an increase of 380% from the average session volume of 569,175 shares. The stock had previously closed at C$0.60.

Emerita Resources Trading Down 15.0%

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 current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The company’s fifty day moving average is C$1.31 and its 200-day moving average is C$1.30.

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.

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