Adamera Minerals (CVE:ADZ) Stock Price Down 26.9% – Time to Sell?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price dropped 26.9% during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 176,371 shares changed hands during mid-day trading, an increase of 762% from the average daily volume of 20,453 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Performance

The company has a market capitalization of C$3.06 million, a P/E ratio of -1.49 and a beta of 1.15. The business has a 50 day moving average of C$0.16 and a 200 day moving average of C$0.17. The company has a quick ratio of 3.54, a current ratio of 0.73 and a debt-to-equity ratio of 3.66.

About Adamera Minerals

(Get Free Report)

Adamera Minerals Corp., an exploration stage company, acquires and explores for precious metals. The company primarily explores for silver, gold, copper, and zinc deposits. Its principal properties are the Cooke Mountain, Empire Creek, Buckhorn 2.0, Talisman, and Flaghill located in Washington State, the United States.

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