Adamera Minerals (CVE:ADZ) Stock Price Down 26.9% – What’s Next?

Adamera Minerals Corp. (CVE:ADZGet Free Report) dropped 26.9% during trading 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 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 stock 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 debt-to-equity ratio of 3.66, a quick ratio of 3.54 and a current ratio of 0.73. The company has a 50-day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.17.

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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