Adamera Minerals (CVE:ADZ) Shares Down 26.9% – Here’s What Happened

Adamera Minerals Corp. (CVE:ADZGet Free Report) traded down 26.9% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.10. 176,371 shares traded hands during mid-day trading, an increase of 762% from the average session volume of 20,453 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Performance

The company has a current ratio of 0.73, a quick ratio of 3.54 and a debt-to-equity ratio of 3.66. The company’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.17. The stock has a market capitalization of C$3.06 million, a price-to-earnings 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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