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

Emerita Resources Corp. (CVE:EMOGet Free Report) shares were down 9.8% on Friday . The stock 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 Trading Down 9.8 %

The company has a market cap of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The firm’s 50-day moving average price is C$1.41 and its 200-day moving average price is C$1.09.

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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