Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 9.8% during trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands during trading, an increase of 36% from the average daily volume of 526,068 shares. The stock had previously closed at C$1.32.
Emerita Resources Price Performance
The stock’s 50 day moving average is C$1.42 and its two-hundred day moving average is C$1.09. The stock has a market capitalization of C$304.33 million, a PE ratio of -22.59 and a beta of 4.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42.
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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