Adamera Minerals (CVE:ADZ) Stock Price Down 23.1% – Should You Sell?

Adamera Minerals Corp. (CVE:ADZGet Free Report) shares dropped 23.1% during mid-day trading on Thursday . The stock 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 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 firm’s 50 day simple moving average is C$0.16 and its 200-day simple moving average is C$0.17. The company has a market capitalization of C$3.06 million, a PE ratio of -1.49 and a beta of 1.15.

About Adamera Minerals

(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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