Shares of Adamera Minerals Corp. (CVE:ADZ – Get Free Report) were down 23.1% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 165,799 shares changed hands during trading, an increase of 738% from the average daily volume of 19,775 shares. The stock had previously closed at C$0.13.
Adamera Minerals Price Performance
The business has a fifty day moving average price of C$0.16 and a 200 day moving average price of C$0.17. 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 company has a market capitalization of C$3.06 million, a price-to-earnings ratio of -1.49 and a beta of 1.15.
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.
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