Adamera Minerals (CVE:ADZ) Trading Up 25% – Here’s Why

Adamera Minerals Corp. (CVE:ADZGet Free Report) shares shot up 25% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 128,000 shares changed hands during mid-day trading, an increase of 174% from the average session volume of 46,747 shares. The stock had previously closed at C$0.06.

Adamera Minerals Trading Up 25.0 %

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 business’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.14. The company has a market cap of C$2.42 million, a P/E ratio of -1.17 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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