Emmerson Resources Limited (ASX:ERM) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $0.11. Emmerson Resources shares last traded at $0.11, with a volume of 621,083 shares changing hands.
The firm’s 50 day simple moving average is A$0.08. The firm has a market cap of $46.73 million and a P/E ratio of -36.67.
About Emmerson Resources (ASX:ERM)
Emmerson Resources Limited, a gold resource company, engages in the exploration and evaluation of mineral properties. It primarily explores for gold and copper. The company's key asset is a 2,200km2 tenement position in the Tennant Creek Mineral Field located in the Northern Territory, Australia.
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