Adamera Minerals (CVE:ADZ) Hits New 12-Month High – Time to Buy?

Shares of Adamera Minerals Corp. (CVE:ADZ) hit a new 52-week high 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 Stock Performance

The company has a quick ratio of 3.54, a current ratio of 0.64 and a debt-to-equity ratio of 4.67. The company has a 50 day simple moving average of C$0.18 and a 200-day simple moving average of C$0.12. The stock has a market capitalization of C$6.94 million, a price-to-earnings ratio of -4.25 and a beta of 1.15.

Adamera Minerals (CVE:ADZ) last issued its quarterly earnings data on Thursday, August 15th. The company reported C($0.01) EPS for the quarter.

Insider Buying and Selling

In other news, Director Mark Robert Kolebaba sold 255,000 shares of the stock in a transaction on Sunday, September 8th. The stock was sold at an average price of C$0.15, for a total transaction of C$38,250.00. 5.97% of the stock is owned by corporate insiders.

About Adamera Minerals

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.