Emerita Resources (CVE:EMO) Stock Price Down 15% – Should You Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was down 15% on Saturday . The stock traded as low as C$0.50 and last traded at C$0.51. Approximately 2,733,823 shares changed hands during mid-day trading, an increase of 380% from the average daily volume of 569,175 shares. The stock had previously closed at C$0.60.

Emerita Resources Price Performance

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 firm has a fifty day moving average price of C$1.31 and a two-hundred day moving average price of C$1.30. The stock has a market capitalization of C$147.41 million, a P/E ratio of -6.38 and a beta of 2.95.

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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