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 the stock in a transaction on Friday, January 30th. The stock was sold at an average price of C$0.18, for a total transaction of C$43,200.00. Following the sale, the insider owned 3,299,550 shares of the company’s stock, valued at approximately C$593,919. This represents a 6.78% decrease in their position.

Emerita Resources Stock Performance

CVE EMO traded up C$0.02 during trading on Friday, reaching C$0.49. The company’s stock had a trading volume of 305,126 shares, compared to its average volume of 604,184. Emerita Resources Corp. has a twelve month low of C$0.39 and a twelve month high of C$1.90. The firm has a market cap of C$142.75 million, a price-to-earnings ratio of -8.22 and a beta of 3.09. The business’s fifty day moving average price is C$0.57 and its 200-day moving average price is 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.

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.