Emerita Resources (CVE:EMO) Shares Down 9.8% – Here’s What Happened

Emerita Resources Corp. (CVE:EMOGet Free Report) shares traded down 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares changed hands during mid-day trading, an increase of 36% from the average session volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Trading Down 9.8 %

The company’s 50-day moving average is C$1.42 and its 200-day moving average is C$1.09. The stock has a market capitalization of C$304.33 million, a price-to-earnings ratio of -22.59 and a beta of 4.95. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.

Emerita Resources Company Profile

(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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