Shares of Emerita Resources Corp. (CVE:EMO – Get Free Report) dropped 71% on Monday . The stock traded as low as C$0.39 and last traded at C$0.40. Approximately 12,495,028 shares changed hands 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 Stock Down 67.8%
The stock has a market cap of C$126.60 million, a P/E ratio of -5.48 and a beta of 2.95. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The stock’s 50-day moving average is C$1.41 and its 200-day moving average is C$1.32.
About Emerita Resources
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.
Further Reading
- Five stocks we like better than Emerita Resources
- How to Invest in Insurance Companies: A Guide
- 5 Tech Stocks Insiders Are Selling (But Smart Investors Are Loading Up)
- The Basics of Support and Resistance
- Why FuelCell Energy Stock Is Soaring After a Government Deal
- Insider Selling Explained: Can it Inform Your Investing Choices?
- SoftBank’s Next AI Move? DigitalBridge Rockets 46% on Takeover Buzz
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.
