Adamera Minerals (CVE:ADZ) Stock Price Down 26.9% – What’s Next?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s share price dropped 26.9% on Thursday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 176,371 shares changed hands during mid-day trading, an increase of 762% from the average daily volume of 20,453 shares. The stock had previously closed at C$0.13.

Adamera Minerals Stock Performance

The stock has a market cap of C$3.06 million, a PE 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. The stock has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.17.

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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