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

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s share price traded down 26.9% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. 176,371 shares traded hands during mid-day 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 firm has a market cap of C$3.06 million, a price-to-earnings ratio of -1.49 and a beta of 1.15. The business’s 50 day moving average price is C$0.16 and its 200-day moving average price is 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.

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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