Adamera Minerals (CVE:ADZ) Shares Down 26.9% – Here’s Why

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price fell 26.9% on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. 176,371 shares traded hands during trading, an increase of 762% from the average session volume of 20,453 shares. The stock had previously closed at C$0.13.

Adamera Minerals Trading Down 26.9 %

The company has a current ratio of 0.73, a quick ratio of 3.54 and a debt-to-equity ratio of 3.66. The business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.17. The firm has a market cap of C$3.06 million, a P/E 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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