Adamera Minerals (CVE:ADZ) Trading Down 26.9% – Here’s What Happened

Shares of Adamera Minerals Corp. (CVE:ADZGet Free Report) fell 26.9% during trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. 176,371 shares changed hands during trading, an increase of 762% from the average session volume of 20,453 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Down 26.9 %

The company’s 50-day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.17. The firm has a market capitalization of C$3.06 million, a P/E ratio of -1.49 and a beta of 1.15. The company has a debt-to-equity ratio of 3.66, a current ratio of 0.73 and a quick ratio of 3.54.

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.

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