Adamera Minerals (CVE:ADZ) Reaches New 12-Month High – Here’s Why

Adamera Minerals Corp. (CVE:ADZ)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.26 and last traded at C$0.27, with a volume of 10900 shares. The stock had previously closed at C$0.24.

Adamera Minerals Trading Down 5.6 %

The firm has a market cap of C$6.94 million, a PE ratio of -4.50 and a beta of 1.15. The company’s 50 day moving average price is C$0.17 and its 200 day moving average price is C$0.12. The company has a debt-to-equity ratio of 4.67, a current ratio of 0.64 and a quick ratio of 3.54.

Adamera Minerals (CVE:ADZ) last released its quarterly earnings results on Thursday, August 15th. The company reported C($0.01) earnings per share for the quarter.

Insider Activity

In other news, Director Mark Robert Kolebaba sold 255,000 shares of the business’s stock in a transaction on Sunday, September 8th. The stock was sold at an average price of C$0.15, for a total value of C$38,250.00. Insiders own 5.97% of the company’s stock.

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.