Emerita Resources Corp.

Emerita Resources Corp.verified

EMO.V

Price:

$0.56

Market Cap:

$138.52M

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. Emerita Resources Corp. is headquartered in Toronto, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2013-01-11

Stock Exchange

TSXV

Ticker

EMO.V

The Current Ratio as of November 2024 (TTM) for Emerita Resources Corp. (EMO.V) is 8.21

According to Emerita Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 8.21. This represents a change of -18.65% compared to the average of 10.09 of the last 4 quarters.

Emerita Resources Corp. (EMO.V) Historical Current Ratio (quarterly & annually)

How has EMO.V Current Ratio performed in the past?

The mean historical Current Ratio of Emerita Resources Corp. over the last ten years is 4.78. The current 8.21 Current Ratio has changed 17.08% with respect to the historical average. Over the past ten years (40 quarters), EMO.V's Current Ratio was at its highest in in the June 2022 quarter at 45.75. The Current Ratio was at its lowest in in the March 2020 quarter at 0.08.

Quarterly (TTM)
Annual

Average

4.78

Median

0.50

Minimum

0.11

Maximum

22.67

Emerita Resources Corp. (EMO.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Emerita Resources Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.20%

Maximum Annual Current Ratio = 22.67

Minimum Annual Increase = -96.02%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20237.97-33.23%
202211.94-47.31%
202122.673.20%
20200.69431.08%
20190.1320.97%
20180.11-65.50%
20170.31-3.16%
20160.32130.52%
20150.14-96.02%
20143.49-68.08%

Emerita Resources Corp. (EMO.V) Average Current Ratio

How has EMO.V Current Ratio performed in the past?

The current Current Ratio of Emerita Resources Corp. (EMO.V) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

14.19

5-year avg

8.68

10-year avg

4.78

Emerita Resources Corp. (EMO.V) Current Ratio vs. Peers

How is EMO.V’s Current Ratio compared to its peers?

Emerita Resources Corp.’s Current Ratio is less than Colonial Coal International Corp. (52.35), less than Banyan Gold Corp. (16.68), greater than Altiplano Metals Inc. (0.05), greater than Copper Lake Resources Ltd. (0.06), greater than Defiance Silver Corp. (0.42),

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