Emerita Resources (CVE:EMO) Stock Price Down 15% – What’s Next?

Emerita Resources Corp. (CVE:EMOGet Free Report) shares dropped 15% during mid-day trading on Friday . The company 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 Trading Down 15.0%

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 market capitalization of C$147.41 million, a price-to-earnings ratio of -6.38 and a beta of 2.95. The company’s 50-day moving average is C$1.33 and its 200-day moving average is C$1.30.

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.

See Also

Receive News & Ratings for Emerita Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerita Resources and related companies with MarketBeat.com's FREE daily email newsletter.