Emerita Resources Corp. (CVE:EMO – Get Free Report) shares fell 9.8% during trading on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. 713,690 shares traded hands 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 Price Performance
The business’s 50 day moving average is C$1.42 and its two-hundred day moving average is C$1.09. 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 firm has a market capitalization of C$304.33 million, a PE ratio of -22.59 and a beta of 4.95.
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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