Emerita Resources Corp. (CVE:EMO – Get Free Report)’s stock price fell 71% during trading on Monday . The company traded as low as C$0.39 and last traded at C$0.40. 18,559,045 shares were traded during trading, an increase of 3,489% from the average session volume of 517,097 shares. The stock had previously closed at C$1.36.
Emerita Resources Trading Up 33.3%
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’s 50-day moving average is C$1.35 and its 200 day moving average is C$1.30. The firm has a market capitalization of C$173.42 million, a P/E ratio of -7.50 and a beta of 2.95.
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.
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