Adamera Minerals (CVE:ADZ) Shares Down 26.9% – Should You Sell?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s share price dropped 26.9% on Friday . The stock 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 business has a fifty day moving average of C$0.16 and a two-hundred day moving average of C$0.17. The company has a current ratio of 0.73, a quick ratio of 3.54 and a debt-to-equity ratio of 3.66.

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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