Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares were traded during mid-day 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 Performance
The firm has a market capitalization of C$304.33 million, a price-to-earnings ratio of -22.59 and a beta of 4.95. 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 firm’s fifty day moving average is C$1.42 and its 200 day moving average is C$1.09.
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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