Emerita Resources (CVE:EMO) Shares Down 66.9% – Here’s Why

by · The Cerbat Gem

Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price was down 66.9% on Monday . The company traded as low as C$0.43 and last traded at C$0.45. Approximately 2,289,947 shares traded hands during mid-day trading, an increase of 421% from the average daily volume of 439,567 shares. The stock had previously closed at C$1.36.

Emerita Resources Stock Performance

The company has a market cap of C$130.07 million, a P/E ratio of -5.63 and a beta of 2.95. The company’s 50-day moving average is C$1.37 and its two-hundred day moving average is C$1.31. The company has a quick ratio of 44.86, a current ratio of 5.42 and a debt-to-equity ratio of 109.05.

About Emerita Resources

(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.

Featured Articles