Shares of Adamera Minerals Corp. (CVE:ADZ – Get Free Report) dropped 26.9% during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 176,371 shares changed hands during mid-day trading, an increase of 762% from the average daily volume of 20,453 shares. The stock had previously closed at C$0.13.
Adamera Minerals Price Performance
The company has a market cap of C$3.06 million, a price-to-earnings 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. The company has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.17.
About Adamera Minerals
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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