Emerita Resources (CVE:EMO) Stock Price Down 71% – What’s Next?

Emerita Resources Corp. (CVE:EMOGet Free Report) shares dropped 71% on Tuesday . The company traded as low as C$0.39 and last traded at C$0.40. Approximately 18,559,045 shares were traded during trading, an increase of 3,489% from the average daily volume of 517,107 shares. The stock had previously closed at C$1.36.

Emerita Resources Price Performance

The company has a market capitalization of C$114.17 million, a PE ratio of -4.94 and a beta of 2.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The stock has a 50 day moving average price of C$1.39 and a two-hundred day moving average price of C$1.31.

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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