Adamera Minerals (CVE:ADZ) Trading Down 27.3% – What’s Next?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price dropped 27.3% on Saturday . The company 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 cap of C$2.58 million, a price-to-earnings ratio of -1.25 and a beta of 1.15. The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09. The company has a quick ratio of 3.54, a current ratio of 0.73 and a debt-to-equity ratio of 3.66.

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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