Emerita Resources Corp. (CVE:EMO – Get Free Report) fell 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 526,068 shares. The stock had previously closed at C$1.32.
Emerita Resources Stock Performance
The firm has a market cap of C$304.33 million, a PE ratio of -22.59 and a beta of 4.95. The firm’s 50 day simple moving average is C$1.41 and its 200 day simple moving average is C$1.09. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05.
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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