Emerita Resources (CVE:EMO) Stock Price Down 9.8% – Time to Sell?

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) traded down 9.8% on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. 713,690 shares were traded 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 has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. 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 cap of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95.

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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