Adamera Minerals (CVE:ADZ) Stock Falls 28.1% – Here’s Why

Adamera Minerals Corp. (CVE:ADZ – Get Free Report) traded down 28.1% during trading on Wednesday. The company traded as low as C$0.12 and last traded at C$0.12. 155,500 shares were traded during mid-day trading, an increase of 99% from the average daily volume of 78,025 shares. The stock had previously closed at C$0.16.

Adamera Minerals Price Performance

The company has a market cap of C$9.66 million, a price-to-earnings ratio of -0.84 and a beta of 1.62. The business’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.13.

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

Read More

Receive News & Ratings for Adamera Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adamera Minerals and related companies with MarketBeat.com's FREE daily email newsletter.