Adamera Minerals (CVE:ADZ) Trading Down 8.3% – What’s Next?

by · The Cerbat Gem

Shares of Adamera Minerals Corp. (CVE:ADZ – Get Free Report) were down 8.3% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 306,333 shares were traded during trading, an increase of 598% from the average daily volume of 43,872 shares. The stock had previously closed at C$0.06.

Adamera Minerals Trading Down 8.3%

The company has a debt-to-equity ratio of 3.66, a current ratio of 0.73 and a quick ratio of 3.54. The firm has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The firm has a market cap of C$1.77 million, a P/E ratio of -0.47 and a beta of 0.49.

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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