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Emerita Resources (CVE:EMO) Shares Down 14.2% - Time to Sell?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report) traded down 14.2% on Friday . The company traded as low as C$1.07 and last traded at C$1.15. 1,145,808 shares were traded during mid-day trading, an increase of 118% from the average session volume of 525,811 shares. The stock had previously closed at C$1.34.

Emerita Resources Stock Up 4.9 %

The firm's 50-day moving average price is C$1.45 and its 200 day moving average price is C$1.06. The company has a market capitalization of C$327.34 million, a price-to-earnings ratio of -24.30 and a beta of 4.95. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05.

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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