Adamera Minerals (CVE:ADZ) Stock Price Up 30.8% – Time to Buy?

Adamera Minerals Corp. (CVE:ADZGet Free Report) shares rose 30.8% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 109,500 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 45,102 shares. The stock had previously closed at C$0.07.

Adamera Minerals Price Performance

The stock has a market capitalization of C$2.74 million, a price-to-earnings ratio of -1.33 and a beta of 1.15. 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 stock has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.12.

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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