Emerita Resources (CVE:EMO) Shares Down 71% – Time to Sell?

Emerita Resources Corp. (CVE:EMOGet Free Report)’s share price was down 71% on Monday . The stock traded as low as C$0.39 and last traded at C$0.40. Approximately 12,495,028 shares were traded during mid-day trading, an increase of 2,473% from the average daily volume of 485,620 shares. The stock had previously closed at C$1.36.

Emerita Resources Trading Down 67.8%

The firm has a market cap of C$126.60 million, a PE ratio of -5.48 and a beta of 2.95. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86. The business has a 50-day moving average price of C$1.41 and a two-hundred day moving average price of C$1.32.

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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