Adamera Minerals (CVE:ADZ) Stock Price Down 23.1% – Time to Sell?

Adamera Minerals Corp. (CVE:ADZGet Free Report)’s stock price dropped 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 167,871 shares traded hands during mid-day trading, an increase of 742% from the average daily volume of 19,928 shares. The stock had previously closed at C$0.13.

Adamera Minerals Trading Down 26.9 %

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 two-hundred day simple moving average is C$0.17. The stock has a market cap of C$3.06 million, a P/E 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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