Emerita Resources (CVE:EMO) Stock Price Down 1.5% - Here's What Happened

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s stock price was down 1.5% on Wednesday . The company traded as low as C$0.64 and last traded at C$0.64. Approximately 120,302 shares changed hands during trading, a decline of 36% from the average daily volume of 187,015 shares. The stock had previously closed at C$0.65.

Emerita Resources Price Performance

The company has a debt-to-equity ratio of 96.66, a quick ratio of 44.86 and a current ratio of 8.21. The company has a market capitalization of C$158.31 million, a PE ratio of -10.67 and a beta of 4.95. The company's 50-day simple moving average is C$0.65 and its 200-day simple moving average is C$0.61.

Emerita Resources (CVE:EMO - Get Free Report) last released its quarterly earnings results on Monday, August 26th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Emerita Resources Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.