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Emerita Resources (CVE:EMO) Shares Down 9.8% - Here's What Happened

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report) shares fell 9.8% on Friday . The company traded as low as C$1.17 and last traded at C$1.19. 713,690 shares traded hands during 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 Stock Performance

The company has a market cap of C$291.54 million, a PE ratio of -21.64 and a beta of 4.95. 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's 50 day moving average is C$1.37 and its 200-day moving average is 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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