Shares of Adamera Minerals Corp. (CVE:ADZ – Get Free Report) dropped 12.5% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 273,006 shares changed hands during mid-day trading, an increase of 120% from the average daily volume of 124,037 shares. The stock had previously closed at C$0.08.
Adamera Minerals Trading Down 12.5%
The company has a quick ratio of 3.54, a current ratio of 0.73 and a debt-to-equity ratio of 3.66. The firm has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.07. The firm has a market cap of C$2.25 million, a PE ratio of -0.60 and a beta of 0.56.
About Adamera Minerals
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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