Emerita Resources (CVE:EMO) Insider Sells C$16,200.00 in Stock

Key Points

  • Greg Duras sold 90,000 Emerita Resources shares on Jan. 30 at an average of C$0.18 for a total of C$16,200, leaving him with 1,110,000 shares (a 7.5% ownership decrease valued at C$199,800).
  • Emerita's stock opened at C$0.49, trades in a 1‑year range of C$0.39–C$1.90, has a market cap of C$142.75 million and a negative P/E of -8.22, with a beta of 3.09.
  • The Toronto‑based company explores and develops mineral properties in Spain, primarily targeting gold, silver, zinc and copper deposits.

Emerita Resources Corp. (CVE:EMO - Get Free Report) insider Greg Duras sold 90,000 shares of the firm's stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$0.18, for a total transaction of C$16,200.00. Following the completion of the sale, the insider directly owned 1,110,000 shares in the company, valued at C$199,800. This represents a 7.50% decrease in their ownership of the stock.

Emerita Resources Price Performance

Emerita Resources stock opened at C$0.49 on Friday. 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 debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm has a 50 day moving average price of C$0.57 and a 200 day moving average price of C$1.07. The company has a market cap of C$142.75 million, a price-to-earnings ratio of -8.22 and a beta of 3.09.

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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