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Emerita Resources (CVE:EMO) Stock Price Down 9.8% - Here's Why

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s stock price dropped 9.8% during mid-day trading on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares were traded 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 Trading Down 3.4 %

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 market cap of C$291.54 million, a PE ratio of -21.64 and a beta of 4.95. The business has a fifty day moving average price of C$1.37 and a 200 day moving average price of C$1.10.

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.

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