Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) fell 7.5% on Tuesday . The company traded as low as C$1.29 and last traded at C$1.30. 445,540 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 452,795 shares. The stock had previously closed at C$1.40.
Emerita Resources Stock Performance
The stock's fifty day moving average is C$1.18 and its two-hundred day moving average is C$1.26. The firm has a market cap of C$324.79 million, a price-to-earnings ratio of -24.11 and a beta of 4.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42.
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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