Emmerson Resources (ASX:ERM) Stock Crosses Below Two Hundred Day Moving Average of $0.11

Emmerson Resources Limited (ASX:ERM)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.11 and traded as low as $0.07. Emmerson Resources shares last traded at $0.08, with a volume of 324,909 shares traded.

The firm has a fifty day simple moving average of A$0.08 and a 200 day simple moving average of A$0.11. The company has a market cap of $33.14 million and a price-to-earnings ratio of -26.00.

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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