Adamera Minerals (CVE:ADZ) Shares Down 8.3% – Here’s What Happened

by · The Markets Daily

Adamera Minerals Corp. (CVE:ADZ – Get Free Report) dropped 8.3% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 306,333 shares traded hands during mid-day 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 Price Performance

The stock has a market capitalization of C$1.77 million, a P/E ratio of -0.47 and a beta of 0.49. The business’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a quick ratio of 3.54, a current ratio of 0.73 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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