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

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price traded down 9.8% during mid-day trading 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 Price Performance

The firm has a market cap of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95. The business has a fifty day moving average of C$1.42 and a 200 day moving average of C$1.09. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.

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.

Further Reading

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