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

Emerita Resources logo with Basic Materials background

Shares of Emerita Resources Corp. (CVE:EMO - Get Free Report) fell 9.8% on Friday . The stock traded as low as C$1.17 and last traded at C$1.19. 713,690 shares changed hands during trading, an increase of 36% from the average session volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Price Performance

The stock has a market capitalization of C$300.49 million, a price-to-earnings ratio of -22.31 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. The stock has a fifty day moving average of C$1.38 and a 200-day moving average of C$1.10.

Emerita Resources Company Profile

(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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