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

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price was down 9.8% during trading on Thursday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands during trading, an increase of 36% from the average daily volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Stock Down 9.8 %

The company has a market cap of C$304.33 million, a PE ratio of -22.59 and a beta of 4.95. The business has a 50-day simple moving average of C$1.43 and a 200-day simple moving average of C$1.08. 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.

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