Emerita Resources (CVE:EMO) Director Sells C$54,731.16 in Stock

Emerita Resources Corp. (CVE:EMO) Director Michael Lawrence Guy sold 304,062 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of C$0.18, for a total transaction of C$54,731.16. Following the sale, the director owned 3,119,776 shares in the company, valued at C$561,559.68. This trade represents a 8.88% decrease in their ownership of the stock.

Emerita Resources Trading Up 3.8%

CVE EMO opened at C$0.49 on Tuesday. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a market cap of C$142.75 million, a price-to-earnings ratio of -8.22 and a beta of 3.09. The firm has a 50 day simple moving average of C$0.57 and a 200-day simple moving average of C$1.07. Emerita Resources Corp. has a one year low of C$0.39 and a one year high of C$1.90.

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.