Emerita Resources (CVE:EMO) Trading Down 9.8% – Here’s What Happened

Emerita Resources Corp. (CVE:EMOGet Free Report) shares fell 9.8% on Thursday . The stock traded as low as C$1.17 and last traded at C$1.19. 713,690 shares were traded during 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 quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The company’s fifty day moving average price is C$1.43 and its two-hundred day moving average price is C$1.08. The firm has a market cap 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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