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Emerita Resources (CVE:EMO) Stock Price Down 9.8% - Time to Sell?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s stock price was down 9.8% on Friday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands during trading, an increase of 36% from the average daily 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 company has a market capitalization of C$291.54 million, a price-to-earnings ratio of -21.64 and a beta of 4.95. The firm has a fifty day moving average price of C$1.37 and a 200-day moving average price 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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