Technical Analysis for EMO - Emerita Resources Corp.

Grade Last Price % Change Price Change
F 0.395 -1.25% -0.005
EMO closed down 1.25 percent on Thursday, March 28, 2024, on 78 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Support Bullish -1.25%
Down 3 Days in a Row Weakness -1.25%
Oversold Stochastic Weakness -1.25%

   Recent Intraday Alerts

Alert Time
200 DMA Support about 10 hours ago
Down 1% about 10 hours ago
Fell Below 200 DMA about 10 hours ago
Possible Inside Day about 11 hours ago
Possible NR7 about 11 hours ago

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Profile

Emerita Resources Corp. Description

Emerita Resources Corp. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain and Brazil. The Company has two gold exploration properties in Spain, namely Las Morras and Sierra Alta. The Las Morras property is located in the Extremadura region, which is in the eastern part of the Badajoz province. The Las Morras property comprises over 230 claims, which total to approximately 7,000 hectares. Sierra Alta is located in the Navelgas Gold Belt, which is in the Asturias region of northwestern Spain. Sierra Alta comprises approximately 90 mining claims, which total to approximately 2,700 hectares. The Sierra Alta project is situated near the El Valle-Boinas and Carles gold mines, which operate approximately 40 kilometers to the east of the project. Exploration in Spain is conducted through the Company's Spanish subsidiary, Emerita Resources Espana SL.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Mineral Properties Mines Pain Gold Mines Spain

Is EMO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Date Title
Mar 19 Emerita Appoints Jorge A. Blanco Avilés as Director of Metallurgy
Mar 11 Emerita Intersects 68.9 Meters Grading 0.7% Copper; 0.3% Lead; 0.5% Zinc, 0.91 g/t Gold and 36.2 g/t Silver, Including 9.4 Meters Grading 0.9% Copper; 0.3% Lead; 1.4% Zinc, 1.59 g/t Gold and 37.8 g/t Silver At La Romanera Deposit
Jan 31 Emerita Provides Initial Drill Results for the El Cura Deposit, Iberian Belt West Project, Spain
Jan 8 Emerita Resources 2023 Year-In-Review: Maiden NI 43-101 Compliant Resource Estimate Delivered, Exploitation License Application Submitted, Drilling Ongoing
Dec 21 Emerita Intersects 10.0 Meters Grading 1.2% Copper; 1.6% Lead; 0.12 g/t Gold and 14.0 g/t Silver and 10.4 Meters Grading 0.7% Copper; 0.8% Lead; 1.5% Zinc, 1.87 g/t Gold and 23.0 g/t Silver; Both Within a Thick Massive Sulphide Intercept of 44.1 Meters...
Dec 4 Emerita Resources Files Supporting Documentation For Exploitation Licence For The IBW Project
Nov 6 Emerita Intersects 6.0 Meters Grading 0.2% Copper; 1.6% Lead; 5.5% Zinc, 0.98 g/t Gold and 58.8 g/t Silver, Within a Thick Massive Sulphide Intercept of 51.6 Meters Grading 0.5% Copper; 1.1% Lead; 1.5% Zinc, 0.46 g/t Gold and 26.1 g/t Silver, Extending...
Oct 20 Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain
Oct 10 Emerita Intersects 6.3 Meters Grading 0.8% Copper; 1.6% Lead; 3.9% Zinc; 2.8 g/t Gold and 52.0 g/t Silver within a 27.6 Meters Thick Massive Sulphide Zone, Extending La Romanera Deposit at Depth. Three Additional Thick Massive Sulphide Intervals, Assay...
See more EMO news...

Indicators

Indicator Value
52 Week High 0.93
52 Week Low 0.255
Average Volume 203,890
200-Day Moving Average 0.399
50-Day Moving Average 0.437
20-Day Moving Average 0.446
10-Day Moving Average 0.420
Average True Range 0.021
RSI (14) 36.31
ADX 25.23
+DI 12.335
-DI 29.030
Chandelier Exit (Long, 3 ATRs) 0.446
Chandelier Exit (Short, 3 ATRs) 0.459
Upper Bollinger Bands 0.512
Lower Bollinger Band 0.379
Percent B (%b) 0.12
BandWidth 29.879
MACD Line -0.013
MACD Signal Line -0.006
MACD Histogram -0.0069
Fundamentals Value
Market Cap 33.54 Million
Num Shares 84.9 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -4.34
Price-to-Sales 0.00
Price-to-Book 11.70
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.403
Resistance 3 (R3) 0.403 0.402 0.401
Resistance 2 (R2) 0.402 0.400 0.401 0.401
Resistance 1 (R1) 0.398 0.399 0.398 0.398 0.400
Pivot Point 0.397 0.397 0.396 0.396 0.397
Support 1 (S1) 0.393 0.395 0.393 0.393 0.390
Support 2 (S2) 0.392 0.394 0.391 0.389
Support 3 (S3) 0.388 0.392 0.389
Support 4 (S4) 0.388