Adamera Minerals (CVE:ADZ) Trading Down 8.3% – Here’s What Happened

by · The Markets Daily

Adamera Minerals Corp. (CVE:ADZ – Get Free Report) shares dropped 8.3% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 306,333 shares traded hands during mid-day trading, an increase of 570% from the average daily volume of 45,707 shares. The stock had previously closed at C$0.06.

Adamera Minerals Stock Down 8.3%

The company has a debt-to-equity ratio of 3.66, a current ratio of 0.73 and a quick ratio of 3.54. The company has a market capitalization of C$1.77 million, a price-to-earnings ratio of -0.47 and a beta of 0.49. The firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07.

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

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