Emerita Resources Corp. (CVE:EMO - Get Free Report)'s share price dropped 8.7% during trading on Tuesday . The stock traded as low as C$1.21 and last traded at C$1.26. Approximately 440,912 shares traded hands during trading, a decline of 15% from the average daily volume of 516,688 shares. The stock had previously closed at C$1.38.
Emerita Resources Stock Performance
The company's 50-day simple moving average is C$1.36 and its 200 day simple moving average is C$0.94. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The stock has a market cap of C$312.00 million, a P/E ratio of -23.16 and a beta of 4.95.
About Emerita Resources
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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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