Adamera Minerals (CVE:ADZ) Stock Price Down 20%

Adamera Minerals Corp (CVE:ADZ)’s stock price dropped 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 222,000 shares were traded during trading. A decline of 21% from the average daily volume of 280,270 shares. The stock had previously closed at C$0.03.

The firm has a market capitalization of $2.91 million and a P/E ratio of -4.00. The company has a debt-to-equity ratio of 9.60, a current ratio of 0.73 and a quick ratio of 0.66. The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03.

About Adamera Minerals (CVE:ADZ)

Adamera Minerals Corp., a junior exploration company, engages in the acquisition and exploration of gold properties in the United States. It also explores for silver, copper, lead, and zinc deposits. The company holds interests in the Cooke Mountain, Empire Creek, Flag Hill, and Talisman properties located in Washington, the United States.

See Also: Average Daily Trade Volume – ADTV

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