Free Trial

Emerita Resources (CVE:EMO) Shares Down 1.6% - What's Next?

Emerita Resources logo with Basic Materials background

Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) were down 1.6% during mid-day trading on Tuesday . The company traded as low as C$0.61 and last traded at C$0.62. Approximately 114,852 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 185,452 shares. The stock had previously closed at C$0.63.

Emerita Resources Stock Down 1.6 %

The stock has a 50-day moving average of C$0.65 and a 200-day moving average of C$0.62. The company has a quick ratio of 44.86, a current ratio of 8.21 and a debt-to-equity ratio of 96.66. The company has a market cap of C$150.89 million, a PE ratio of -9.83 and a beta of 4.95.

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 for the quarter.

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.

Featured Stories

Should you invest $1,000 in Emerita Resources right now?

Before you consider Emerita Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerita Resources wasn't on the list.

While Emerita Resources currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ISRG Stock Surges: AI and Healthcare Innovation at the Core
Energy Vault’s 100% Stock Jump: CEO Discusses $350M Project in Australia in MarketBeat CEO Series
Market Shifts After Election: What Stocks Could Benefit Most?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines