Emerita Resources (CVE:EMO) Insider Sells C$43,200.00 in Stock

Emerita Resources Corp. (CVE:EMO) insider Joaquin Merino Marquez sold 240,000 shares of Emerita Resources stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of C$0.18, for a total value of C$43,200.00. Following the completion of the sale, the insider directly owned 3,299,550 shares in the company, valued at C$593,919. This represents a 6.78% decrease in their position.

Emerita Resources Stock Performance

Shares of EMO stock traded up C$0.02 during trading hours on Friday, reaching C$0.49. 305,126 shares of the company’s stock were exchanged, compared to its average volume of 604,184. The company’s 50 day moving average is C$0.57 and its two-hundred day moving average is C$1.07. Emerita Resources Corp. has a 1 year low of C$0.39 and a 1 year high of C$1.90. The company has a market cap of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.42 and a quick ratio of 44.86.

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.