Insider Selling: Emerita Resources (CVE:EMO) Insider Sells C$43,200.00 in Stock

Emerita Resources Corp. (CVE:EMO) insider Joaquin Merino Marquez sold 240,000 shares of the 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 transaction of C$43,200.00. Following the completion of the sale, the insider owned 3,299,550 shares in the company, valued at C$593,919. This represents a 6.78% decrease in their ownership of the stock.

Emerita Resources Trading Up 3.8%

Shares of Emerita Resources stock opened at C$0.49 on Tuesday. Emerita Resources Corp. has a 1 year low of C$0.39 and a 1 year high of C$1.90. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The business has a 50 day moving average price of C$0.57 and a 200 day moving average price of C$1.07. The company has a market capitalization of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09.

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.