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Emerita Resources (CVE:EMO) Stock Price Down 1.7% - Here's What Happened

Emerita Resources logo with Basic Materials background

Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) were down 1.7% on Thursday . The company traded as low as C$1.07 and last traded at C$1.14. Approximately 168,301 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 203,497 shares. The stock had previously closed at C$1.16.

Emerita Resources Stock Performance

The stock has a market capitalization of C$296.83 million, a price-to-earnings ratio of -20.00 and a beta of 4.95. The company has a 50 day simple moving average of C$0.71 and a 200-day simple moving average of C$0.66. The company has a quick ratio of 44.86, a current ratio of 8.21 and a debt-to-equity ratio of 96.66.

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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