Emerita Resources (CVE:EMO) Shares Down 1.7% – Should You Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report) was down 1.7% on Thursday . The company traded as low as C$1.07 and last traded at C$1.14. Approximately 168,301 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 203,497 shares. The stock had previously closed at C$1.16.

Emerita Resources Stock Performance

The company has a market capitalization of C$286.94 million, a P/E ratio of -19.33 and a beta of 4.95. The firm has a 50 day moving average price of C$0.73 and a two-hundred day moving average price of C$0.67. The company has a debt-to-equity ratio of 96.66, a quick ratio of 44.86 and a current ratio of 8.21.

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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