Emerita Resources (CVE:EMO) Trading Down 3.2% – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was down 3.2% on Wednesday . The stock traded as low as C$0.60 and last traded at C$0.60. Approximately 218,542 shares changed hands during trading, an increase of 20% from the average daily volume of 181,982 shares. The stock had previously closed at C$0.62.

Emerita Resources Trading Down 3.2 %

The firm has a market cap of C$148.42 million, a price-to-earnings ratio of -10.00 and a beta of 4.95. The company has a debt-to-equity ratio of 96.66, a quick ratio of 44.86 and a current ratio of 8.21. The business’s 50 day moving average price is C$0.65 and its 200-day moving average price is C$0.64.

Emerita Resources (CVE:EMOGet Free Report) last announced its quarterly earnings results on Monday, August 26th. The company reported C($0.01) EPS for the quarter.

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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