Emerita Resources (CVE:EMO) Stock Price Down 9.8% – What’s Next?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price fell 9.8% during trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares changed 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 Stock Performance

The firm’s fifty day moving average is C$1.42 and its 200-day moving average is C$1.09. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The stock has a market capitalization of C$304.33 million, a PE 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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