Emerita Resources (CVE:EMO) Insider Joaquin Merino Marquez Sells 240,000 Shares of Stock

Emerita Resources Corp. (CVE:EMO) insider Joaquin Merino Marquez sold 240,000 shares of the firm’s 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 completion of the transaction, the insider directly 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 Trading Up 3.8%

CVE:EMO opened at C$0.49 on Friday. The company has a market capitalization of C$142.75 million, a P/E ratio of -8.22 and a beta of 3.09. The company has a current ratio of 5.42, a quick ratio of 44.86 and a debt-to-equity ratio of 109.05. Emerita Resources Corp. has a 12 month low of C$0.39 and a 12 month high of C$1.90. The firm has a fifty day simple moving average of C$0.57 and a 200-day simple moving average of C$1.07.

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.