Adamera Minerals (CVE:ADZ) Stock Price Down 23.1% – Time to Sell?

Shares of Adamera Minerals Corp. (CVE:ADZGet Free Report) dropped 23.1% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.10. Approximately 160,799 shares changed hands during trading, an increase of 910% from the average daily volume of 15,915 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Performance

The company has a debt-to-equity ratio of 3.66, a current ratio of 0.73 and a quick ratio of 3.54. The firm has a market cap of C$3.06 million, a price-to-earnings ratio of -1.49 and a beta of 1.15. The firm has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.17.

Adamera Minerals Company Profile

(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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