Michael Lawrence Guy Sells 304,062 Shares of Emerita Resources (CVE:EMO) Stock

Emerita Resources Corp. (CVE:EMO) Director Michael Lawrence Guy sold 304,062 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of C$0.18, for a total transaction of C$54,731.16. Following the completion of the sale, the director directly owned 3,119,776 shares of the company’s stock, valued at approximately C$561,559.68. This trade represents a 8.88% decrease in their ownership of the stock.

Emerita Resources Stock Up 3.8%

Shares of Emerita Resources stock traded up C$0.02 during trading on Friday, hitting C$0.49. 305,126 shares of the stock traded hands, compared to its average volume of 604,184. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. The stock’s fifty day simple moving average is C$0.57 and its 200 day simple moving average is C$1.07. The firm has a market cap of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09. Emerita Resources Corp. has a 52-week low of C$0.39 and a 52-week high of C$1.90.

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.