Adamera Minerals (CVE:ADZ) Stock Price Down 12.5% – Here’s What Happened

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s share price fell 12.5% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 218,006 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 116,537 shares. The stock had previously closed at C$0.08.

Adamera Minerals Stock Down 12.5%

The company has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07. The company has a market capitalization of C$2.25 million, a price-to-earnings ratio of -0.60 and a beta of 0.56. The company has a current ratio of 0.73, a quick ratio of 3.54 and a debt-to-equity ratio of 3.66.

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. The company was incorporated in 2013 and is headquartered in Vancouver, Canada.

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