Emerita Resources (CVE:EMO) Reaches New 12-Month Low at $0.07

Emerita Resources Corp (CVE:EMO) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 22000 shares changing hands. The stock had previously closed at C$0.07.

The company has a quick ratio of 0.61, a current ratio of 0.65 and a debt-to-equity ratio of 96.66. The company has a market capitalization of $3.80 million and a PE ratio of -0.71. The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.06.

About Emerita Resources (CVE:EMO)

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Europe. The company primarily explores for gold and zinc deposits. It holds interests in the Las Morras property comprising 230 claims covering an area of approximately 7,000 hectares located in the eastern part of the Badajoz province of Spain; and the Sierra Alta property with 90 mining claims totaling an area of 2,700 hectares located in the Asturias region in northwestern Spain.

Featured Article: Average Daily Trade Volume – What It Means In Stock Trading

Receive News & Ratings for Emerita Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerita Resources and related companies with MarketBeat.com's FREE daily email newsletter.