Emerita Resources (CVE:EMO) Stock Price Down 1.5% – Here’s Why

Emerita Resources Corp. (CVE:EMOGet Free Report) shares fell 1.5% on Wednesday . The company traded as low as C$0.64 and last traded at C$0.64. 120,302 shares were traded during mid-day trading, a decline of 36% from the average session volume of 187,015 shares. The stock had previously closed at C$0.65.

Emerita Resources Stock Performance

The business’s 50-day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.61. The company has a quick ratio of 44.86, a current ratio of 8.21 and a debt-to-equity ratio of 96.66. The firm has a market cap of C$155.84 million, a price-to-earnings ratio of -10.50 and a beta of 4.95.

Emerita Resources (CVE:EMOGet Free Report) last released its quarterly earnings results on Monday, August 26th. The company reported C($0.01) earnings per share 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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