Emerita Resources Corp. (CVE:EMO – Get Free Report) shares dropped 66.9% during mid-day trading on Monday . The company traded as low as C$0.39 and last traded at C$0.45. Approximately 14,573,489 shares traded hands during trading, an increase of 2,820% from the average daily volume of 499,032 shares. The stock had previously closed at C$1.36.
Emerita Resources Stock Performance
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 firm has a 50 day moving average price of C$1.41 and a 200 day moving average price of C$1.32. The stock has a market cap of C$114.17 million, a PE ratio of -4.94 and a beta of 2.95.
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.
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