Emerita Resources (CVE:EMO) Director Michael Lawrence Guy Sells 304,062 Shares of Stock

Emerita Resources Corp. (CVE:EMO) Director Michael Lawrence Guy sold 304,062 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of C$0.18, for a total transaction of C$54,731.16. Following the completion of the sale, the director directly owned 3,119,776 shares of the company’s stock, valued at C$561,559.68. The trade was a 8.88% decrease in their position.

Emerita Resources Trading Up 3.8%

Shares of CVE EMO opened at C$0.49 on Friday. Emerita Resources Corp. has a twelve month low of C$0.39 and a twelve month high of C$1.90. The stock has a market cap of C$142.75 million, a price-to-earnings ratio of -8.22 and a beta of 3.09. 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’s fifty day moving average is C$0.57 and its 200-day moving average is C$1.07.

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.