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Joaquin Merino Marquez Sells 150,000 Shares of Emerita Resources Corp. (CVE:EMO) Stock

Financial News Live ·  Jul 13, 2022 16:21

Emerita Resources Corp. (CVE:EMO – Get Rating) Senior Officer Joaquin Merino Marquez sold 150,000 shares of the business's stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of C$1.15, for a total transaction of C$172,500.00. Following the sale, the insider now owns 1,759,200 shares in the company, valued at approximately C$2,023,080.

CVE:EMO opened at C$1.05 on Wednesday. Emerita Resources Corp. has a one year low of C$0.96 and a one year high of C$4.14. The company has a debt-to-equity ratio of 96.66, a current ratio of 37.97 and a quick ratio of 37.37. The company's 50-day simple moving average is C$1.39 and its 200 day simple moving average is C$2.26. The firm has a market capitalization of C$207.14 million and a P/E ratio of -6.77.

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Emerita Resources (CVE:EMO – Get Rating) last released its earnings results on Thursday, May 26th. The company reported C($0.05) earnings per share (EPS) for the quarter.

Emerita Resources Company Profile (Get Rating)

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties primarily in Spain. The company primarily explores for gold and zinc deposits. The company has interests in three exploration properties comprising Iberia Belt West project, which is located in Huelva Province in southwestern Spain; Plaza Norte project that is located in the Reocin Mining Camp in Cantabria, northern Spain; and Sierra Alta project, which is located in the Asturias region in northwestern Spain.

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