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

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 167,871 shares changed hands during mid-day trading, an increase of 738% from the average daily volume of 20,028 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 business has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.17. 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.

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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