Emerita Resources (CVE:EMO) Trading Down 68% – Here’s What Happened

by · The Markets Daily

Emerita Resources Corp. (CVE:EMO – Get Free Report) shares traded down 68% during mid-day trading on Monday . The stock traded as low as C$0.39 and last traded at C$0.44. 14,023,480 shares were traded during trading, an increase of 2,727% from the average session volume of 496,019 shares. The stock had previously closed at C$1.36.

Emerita Resources Price Performance

The company has a market cap of C$118.50 million, a P/E ratio of -5.13 and a beta of 2.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The stock has a 50-day simple moving average of C$1.41 and a 200 day simple moving average of C$1.32.

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.

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