Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) were down 9.8% on Friday . The stock 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 Price Performance
The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The company's 50-day moving average is C$1.38 and its 200-day moving average is C$1.10. The firm has a market capitalization of C$291.54 million, a price-to-earnings ratio of -21.64 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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