Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) dropped 10.3% during mid-day trading on Wednesday . The company traded as low as C$1.07 and last traded at C$1.27. Approximately 1,484,879 shares traded hands during trading, an increase of 230% from the average daily volume of 449,633 shares. The stock had previously closed at C$1.41.
Emerita Resources Price Performance
The firm has a market capitalization of C$327.34 million, a P/E 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. The firm has a 50 day moving average price of C$1.24 and a 200-day moving average price of C$1.30.
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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