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

Adamera Minerals Corp. (CVE:ADZ)’s stock price was 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 were traded during 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 company has a quick ratio of 3.54, a current ratio of 0.73 and a debt-to-equity ratio of 3.66. The company has a market capitalization of C$3.06 million, a P/E ratio of -1.49 and a beta of 1.15. The firm’s 50-day moving average price is C$0.16 and its 200 day moving average price is C$0.17.

Adamera Minerals Company Profile

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.