Adamera Minerals (CVE:ADZ) Trading Down 27.3% – Here’s What Happened

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s share price dropped 27.3% during trading on Saturday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 160,739 shares were traded during trading, an increase of 257% from the average daily volume of 45,058 shares. The stock had previously closed at C$0.11.

Adamera Minerals Stock Performance

The stock has a market capitalization of C$2.58 million, a price-to-earnings ratio of -1.25 and a beta of 1.15. The firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.09. 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.

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