Adamera Minerals (CVE:ADZ) Stock Price Down 23.1% – Here’s Why

Shares of Adamera Minerals Corp. (CVE:ADZGet Free Report) traded down 23.1% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. 167,871 shares changed hands during trading, an increase of 742% from the average session volume of 19,928 shares. The stock had previously closed at C$0.13.

Adamera Minerals Price Performance

The stock 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 fifty day simple moving average of C$0.16 and a 200 day simple moving average of C$0.17. The company has a current ratio of 0.73, a quick ratio of 3.54 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.

Further Reading

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