Emerita Resources (CVE:EMO) Shares Down 9.8% – What’s Next?

Emerita Resources Corp. ( CVE:EMO – Get Free Report )’s stock price dropped 9.8% during trading on Friday .

The company traded as low as C$1.17 and last traded at C$1.19.



Approximately 713,690 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Stock Performance The company has a fifty day moving average of C$1.41 and a two-hundred day moving average of C$1.09.

The stock has a market capitalization of C$304.33 million, a P/E ratio of -22.59 and a beta of 4.

95. The company has a debt-to-equity ratio of 109.05, a current ratio of 5.

42 and a quick ratio of 44.86. About Emerita Resources ( 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.

Read More Five stocks we like better than Emerita Resources Dividend Payout Ratio Calculator J.B. Hunt Transport Overcorrects Into a Buying Opportunity Stock Trading Terms – Stock Terms Every Investor Needs to Know AppLovin: Can Record Profits Overcome Market Skepticism? Compound Interest and Why It Matters When Investing MarketBeat Week in Review – 04/14 – 04/18 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 ..