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Emerita Resources (CVE:EMO) Shares Down 9.8% - What's Next?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report) fell 9.8% during trading on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. 713,690 shares were traded during mid-day trading, an increase of 36% from the average session volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Trading Down 3.4 %

The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a market cap of C$291.54 million, a PE ratio of -21.64 and a beta of 4.95. The stock has a 50-day simple moving average of C$1.38 and a two-hundred day simple moving average of C$1.10.

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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