Adamera Minerals (CVE:ADZ) Shares Down 26.9% – Should You Sell?

Shares of Adamera Minerals Corp. (CVE:ADZGet Free Report) were down 26.9% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.10. Approximately 176,371 shares traded 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 Price Performance

The firm has a market cap of C$3.06 million, a P/E ratio of -1.49 and a beta of 1.15. The firm’s fifty day simple moving average is C$0.16 and its 200 day simple moving average is C$0.17. The company has a debt-to-equity ratio of 3.66, a quick ratio of 3.54 and a current ratio of 0.73.

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.

Further Reading

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