Adamera Minerals (CVE:ADZ) Trading Down 23.1% – What’s Next?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price dropped 23.1% on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 160,799 shares traded 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 firm’s 50 day simple moving average is C$0.16 and its 200 day simple moving average is C$0.17. The firm has a market cap of C$3.06 million, a PE ratio of -1.49 and a beta of 1.15. The company has a current ratio of 0.73, a quick ratio of 3.54 and a debt-to-equity ratio of 3.66.

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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