Shares of Adamera Minerals Corp (CVE:ADZ) dropped 10% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, approximately 172,750 shares were traded during mid-day trading. A decline of 56% from the average daily volume of 396,812 shares. The stock had previously closed at C$0.10.
The company has a debt-to-equity ratio of 2.07, a current ratio of 0.65 and a quick ratio of 0.46. The stock has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.04. The company has a market cap of $18.19 million and a P/E ratio of -26.25.
About Adamera Minerals (CVE:ADZ)
Adamera Minerals Corp., a junior exploration company, engages in the acquisition and exploration of gold properties in the United States. It also explores for silver, copper, lead, and zinc deposits. The company holds interests in the Cooke Mountain, Empire Creek, Flag Hill, and Talisman properties located in Washington, the United States.
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