Emerita Resources (CVE:EMO) Stock Price Down 15% – What’s Next?

Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price fell 15% during trading on Saturday . The company traded as low as C$0.50 and last traded at C$0.51. 2,733,823 shares changed hands during trading, an increase of 380% from the average session volume of 569,175 shares. The stock had previously closed at C$0.60.

Emerita Resources Stock Down 15.0%

The company has a market cap of C$147.41 million, a PE ratio of -6.38 and a beta of 2.95. The firm has a 50-day simple moving average of C$1.31 and a two-hundred day simple moving average of C$1.30. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.

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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