Adamera Minerals (CVE:ADZ) Shares Down 26.9% – What’s Next?

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

Adamera Minerals Price Performance

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

Adamera Minerals Company Profile

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.