Emerita Resources (CVE:EMO) Stock Price Down 7.5% - Here's What Happened

Emerita Resources Corp. (CVE:EMO - Get Free Report)'s share price was down 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 traded hands during mid-day 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 Stock Down 4.3%

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$342.69 million, a price-to-earnings ratio of -25.44 and a beta of 4.95. The business has a 50-day moving average price of C$1.18 and a 200-day moving average price of C$1.25.

Emerita Resources Company Profile

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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