Free Trial

Emerita Resources (CVE:EMO) Shares Down 7.1% - Here's Why

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s stock price was down 7.1% during mid-day trading on Wednesday . The stock traded as low as C$1.07 and last traded at C$1.31. Approximately 904,428 shares changed hands during mid-day trading, an increase of 105% from the average daily volume of 440,887 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 business has a 50-day simple moving average of C$1.24 and a two-hundred day simple moving average of C$1.30. The stock has a market capitalization of C$347.80 million, a P/E ratio of -25.82 and a beta of 4.95.

About Emerita Resources

(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.

Featured Articles

Should You Invest $1,000 in Emerita Resources Right Now?

Before you consider Emerita Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerita Resources wasn't on the list.

While Emerita Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines