Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) traded down 15% on Saturday . The company traded as low as C$0.50 and last traded at C$0.51. 2,733,823 shares traded hands during mid-day trading, an increase of 380% from the average session volume of 569,175 shares. The stock had previously closed at C$0.60.
Emerita Resources Stock Down 15.0%
The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The firm has a 50 day moving average price of C$1.31 and a 200-day moving average price of C$1.29. The firm has a market cap of C$147.41 million, a price-to-earnings ratio of -6.38 and a beta of 2.95.
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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