Emerita Resources (CVE:EMO) Shares Down 1.7% – Time to Sell?

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) were down 1.7% during trading on Thursday . The stock traded as low as C$1.07 and last traded at C$1.14. Approximately 168,301 shares traded hands during 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 business’s 50 day simple moving average is C$0.71 and its two-hundred day simple moving average is C$0.66. The firm has a market capitalization of C$279.52 million, a P/E ratio of -18.83 and a beta of 4.95. The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66.

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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