Emerita Resources Corp. (CVE:EMO – Get Free Report)’s share price dropped 8.7% on Tuesday . The stock traded as low as C$1.21 and last traded at C$1.26. Approximately 440,912 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 516,688 shares. The stock had previously closed at C$1.38.
Emerita Resources Stock Performance
The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The company has a market cap of C$342.69 million, a price-to-earnings ratio of -25.44 and a beta of 4.95. The firm has a 50 day simple moving average of C$1.36 and a 200-day simple moving average of C$0.93.
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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