Emerita Resources (CVE:EMO) Trading Down 1.6% – Here’s Why

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) fell 1.6% during trading on Tuesday . The company traded as low as C$0.61 and last traded at C$0.63. 444,140 shares traded hands during trading, a decline of 35% from the average session volume of 680,918 shares. The stock had previously closed at C$0.64.

Emerita Resources Stock Down 1.6%

The stock has a fifty day moving average of C$0.77 and a two-hundred day moving average of C$1.14. 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 stock has a market cap of C$182.09 million, a price-to-earnings ratio of -7.88 and a beta of 3.10.

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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