Emerita Resources (CVE:EMO) Trading Down 4.5% – Should You Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price dropped 4.5% during trading on Tuesday . The stock traded as low as C$1.06 and last traded at C$1.06. Approximately 71,882 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 455,584 shares. The stock had previously closed at C$1.11.

Emerita Resources Price 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 stock has a market capitalization of C$268.52 million, a PE ratio of -19.94 and a beta of 4.95. The company has a 50-day moving average of C$1.22 and a two-hundred day moving average of C$1.21.

About Emerita Resources

(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.

Recommended Stories

Receive News & Ratings for Emerita Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerita Resources and related companies with MarketBeat.com's FREE daily email newsletter.