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

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

Emerita Resources Stock 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 stock has a fifty day moving average price of C$1.31 and a 200-day moving average price of C$1.29. The firm has a market cap of C$147.41 million, a price-to-earnings 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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