Adamera Minerals (CVE:ADZ) Stock Price Down 7.9% – Here’s Why

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price fell 7.9% on Tuesday . The stock traded as low as C$0.17 and last traded at C$0.18. 5,500 shares traded hands during trading, a decline of 40% from the average session volume of 9,135 shares. The stock had previously closed at C$0.19.

Adamera Minerals Trading Down 7.9 %

The company has a market cap of C$4.76 million, a price-to-earnings ratio of -2.92 and a beta of 1.15. The company has a debt-to-equity ratio of 4.67, a current ratio of 0.64 and a quick ratio of 3.54. The business’s 50-day simple moving average is C$0.20 and its 200-day simple moving average is C$0.16.

About Adamera Minerals

(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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