Adamera Minerals (CVE:ADZ) Stock Price Down 26.9% – Here’s Why

Shares of 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 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 quick ratio of 3.54, a current ratio of 0.73 and a debt-to-equity ratio of 3.66. The firm’s fifty day moving average price is C$0.16 and its 200 day moving average price is C$0.17. The stock has a market cap of C$3.06 million, a PE 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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