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

by · The Cerbat Gem

Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) traded down 15% on Saturday . The stock traded as low as C$0.50 and last traded at C$0.51. 2,733,823 shares traded 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 Price Performance

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 company has a fifty day moving average price of C$1.31 and a two-hundred day moving average price of C$1.29. The firm has a market cap of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95.

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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