Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) were down 9.8% during trading on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands 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 Down 9.8 %
The stock has a market capitalization of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.95. The business has a 50-day simple moving average of C$1.42 and a two-hundred day simple moving average of C$1.09. The company has a quick ratio of 44.86, a current ratio of 5.42 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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