Emerita Resources Corp. (CVE:EMO - Get Free Report) shares dropped 10.3% during trading on Wednesday . The company traded as low as C$1.07 and last traded at C$1.27. Approximately 1,484,879 shares changed hands during mid-day 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 Stock Up 4.2%
The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05. The company has a market capitalization of C$347.80 million, a PE ratio of -25.82 and a beta of 4.95. The firm has a 50-day moving average of C$1.24 and a two-hundred day moving average 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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