Emerita Resources (CVE:EMO) Insider Sells C$16,200.00 in Stock

Emerita Resources Corp. (CVE:EMO) insider Greg Duras sold 90,000 shares of Emerita Resources stock in a transaction dated Friday, January 30th. The stock was sold at an average price of C$0.18, for a total value of C$16,200.00. Following the sale, the insider directly owned 1,110,000 shares in the company, valued at approximately C$199,800. The trade was a 7.50% decrease in their ownership of the stock.

Emerita Resources Trading Up 3.8%

Shares of EMO opened at C$0.49 on Tuesday. Emerita Resources Corp. has a one year low of C$0.39 and a one year high of C$1.90. The stock 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 debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The company has a market capitalization of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09.

Emerita Resources Company Profile

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.