Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 5.8% during mid-day trading on Thursday . The stock traded as low as C$0.53 and last traded at C$0.57. Approximately 1,322,993 shares were traded during trading, an increase of 142% from the average daily volume of 546,646 shares. The stock had previously closed at C$0.60.
Emerita Resources Stock Down 15.0%
The stock has a market capitalization of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95. The stock has a 50 day moving average price of C$1.31 and a 200-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.
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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