Adamera Minerals (CVE:ADZ) Shares Down 12.5% – Here’s Why

by · The Cerbat Gem

Shares of Adamera Minerals Corp. (CVE:ADZ – Get Free Report) traded down 12.5% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 218,006 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 116,537 shares. The stock had previously closed at C$0.08.

Adamera Minerals Price Performance

The firm has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The firm has a market capitalization of C$2.89 million, a PE ratio of -0.78 and a beta of 0.56. The company has a debt-to-equity ratio of 3.66, a current ratio of 0.73 and a quick ratio of 3.54.

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. The company was incorporated in 2013 and is headquartered in Vancouver, Canada.

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