Adamera Minerals (CVE:ADZ) Stock Price Down 23.1% – Here’s Why

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price was down 23.1% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.10. Approximately 160,799 shares changed hands during trading, an increase of 943% from the average daily volume of 15,415 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Performance

The firm has a 50 day moving average of C$0.16 and a two-hundred day moving average of C$0.17. 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 stock 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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