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Emerita Resources (CVE:EMO) Trading Down 4.5% - Should You Sell?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report) shares dropped 4.5% during mid-day trading on Tuesday . The stock traded as low as C$1.06 and last traded at C$1.06. Approximately 71,882 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 455,584 shares. The stock had previously closed at C$1.11.

Emerita Resources Trading Up 1.8%

The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The stock has a market capitalization of C$286.43 million, a price-to-earnings ratio of -21.26 and a beta of 4.95. The business has a fifty day simple moving average of C$1.19 and a 200 day simple moving average of C$1.22.

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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