Emerita Resources Corp. (CVE:EMO - Get Free Report) shares dropped 7.5% during mid-day trading on Tuesday . The stock traded as low as C$1.29 and last traded at C$1.30. Approximately 445,540 shares changed hands during trading, a decline of 2% from the average daily volume of 452,795 shares. The stock had previously closed at C$1.40.
Emerita Resources Price Performance
The company has a 50 day moving average of C$1.18 and a 200-day moving average of C$1.26. The stock has a market capitalization of C$324.79 million, a P/E ratio of -24.11 and a beta of 4.95. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.
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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