Adamera Minerals (CVE:ADZ) Trading Down 23.1% – Here’s What Happened

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. 165,799 shares were traded during trading, an increase of 738% from the average session volume of 19,775 shares. The stock had previously closed at C$0.13.

Adamera Minerals Price Performance

The company has a debt-to-equity ratio of 3.66, a quick ratio of 3.54 and a current ratio of 0.73. The firm’s fifty day simple moving average is C$0.16 and its 200 day simple moving average is C$0.17. The stock has a market capitalization of C$3.06 million, a price-to-earnings ratio of -1.49 and a beta of 1.15.

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.

Further Reading

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