Emerita Resources (CVE:EMO) Insider Greg Duras Sells 90,000 Shares of Stock

Emerita Resources Corp. (CVE:EMO) insider Greg Duras sold 90,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$0.18, for a total transaction of C$16,200.00. Following the sale, the insider owned 1,110,000 shares in the company, valued at approximately C$199,800. This trade represents a 7.50% decrease in their position.

Emerita Resources Trading Up 3.8%

Shares of EMO opened at C$0.49 on Friday. The stock has a fifty day moving average of C$0.57 and a two-hundred day moving average of C$1.07. 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 company has a market capitalization of C$142.75 million, a PE ratio of -8.22 and a beta of 3.09. Emerita Resources Corp. has a fifty-two week low of C$0.39 and a fifty-two week high of C$1.90.

Emerita Resources Company Profile

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.