Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) were down 15% during trading on Saturday . The company traded as low as C$0.50 and last traded at C$0.51. Approximately 2,733,823 shares were traded during trading, an increase of 380% from the average daily volume of 569,175 shares. The stock had previously closed at C$0.60.
Emerita Resources Stock Performance
The company has a fifty day moving average price of C$1.31 and a two-hundred day moving average price of C$1.29. 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 company has a market capitalization of C$147.41 million, a P/E ratio of -6.38 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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