Emerita Resources (CVE:EMO) Stock Price Down 1.6% – Time to Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s stock price was down 1.6% during trading on Tuesday . The company traded as low as C$0.61 and last traded at C$0.62. Approximately 114,852 shares changed hands during trading, a decline of 38% from the average daily volume of 185,452 shares. The stock had previously closed at C$0.63.

Emerita Resources Trading Down 6.5 %

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 business’s fifty day moving average is C$0.65 and its 200 day moving average is C$0.62. The firm has a market capitalization of C$143.47 million, a price-to-earnings ratio of -10.33 and a beta of 4.95.

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