Emerita Resources (CVE:EMO) Director Sells C$48,991.32 in Stock

Emerita Resources Corp. (CVE:EMO) Director Marilia Bento sold 272,174 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of C$0.18, for a total value of C$48,991.32. Following the completion of the sale, the director owned 1,252,826 shares of the company’s stock, valued at approximately C$225,508.68. This represents a 17.85% decrease in their position.

Emerita Resources Stock Performance

Shares of EMO opened at C$0.49 on Tuesday. The company’s 50 day simple moving average is C$0.57 and its 200-day simple moving average is C$1.07. The firm has a market cap of C$142.75 million, a PE ratio of -8.22 and a beta of 3.09. Emerita Resources Corp. has a 12-month low of C$0.39 and a 12-month high of C$1.90. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05.

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.