Emerita Resources (CVE:EMO) Stock Price Down 15% – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price fell 15% during trading on Saturday . The stock traded as low as C$0.50 and last traded at C$0.51. 2,733,823 shares were traded during trading, an increase of 380% from the average session volume of 569,175 shares. The stock had previously closed at C$0.60.

Emerita Resources Trading Down 15.0%

The company has a market capitalization of C$147.41 million, a PE ratio of -6.38 and a beta of 2.95. 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 business has a fifty day moving average price of C$1.31 and a 200 day moving average price of C$1.29.

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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