Emerita Resources (CVE:EMO) Shares Down 1.5% – Time to Sell?

Shares of Emerita Resources Corp. (CVE:EMOGet Free Report) were down 1.5% during trading on Wednesday . The company traded as low as C$0.64 and last traded at C$0.64. Approximately 120,302 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 187,015 shares. The stock had previously closed at C$0.65.

Emerita Resources Stock Performance

The company has a current ratio of 8.21, a quick ratio of 44.86 and a debt-to-equity ratio of 96.66. The company has a market cap of C$155.84 million, a PE ratio of -10.50 and a beta of 4.95. The firm’s 50-day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.61.

Emerita Resources (CVE:EMOGet Free Report) last announced its quarterly earnings data on Monday, August 26th. The company reported C($0.01) earnings per share for the quarter.

Emerita Resources Company Profile

(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.

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