Insider Selling: Emerita Resources (CVE:EMO) Director Sells 272,174 Shares of Stock

Emerita Resources Corp. (CVE:EMO) Director Marilia Bento sold 272,174 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$0.18, for a total transaction of C$48,991.32. Following the transaction, the director owned 1,252,826 shares of the company’s stock, valued at approximately C$225,508.68. The trade was a 17.85% decrease in their position.

Emerita Resources Trading Up 3.8%

Shares of EMO traded up C$0.02 during trading hours on Friday, hitting C$0.49. 305,126 shares of the stock were exchanged, compared to its average volume of 604,184. Emerita Resources Corp. has a fifty-two week low of C$0.39 and a fifty-two week high of C$1.90. The business has a 50-day moving average of C$0.57 and a 200-day moving average of C$1.07. The firm has a market capitalization of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.

About Emerita Resources

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.