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Adamant Dri Processing & Minerals Group  (ADMG)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.0200 $-0.00 -9.910%
Day's High: $0.0265 Week Perf: -17.36 %
Day's Low: $ 0.02 30 Day Perf: -13.04 %
Volume (M): 100 52 Wk High: $ 0.10
Volume (M$): $ 2 52 Wk Avg: $0.04
Open: $0.03 52 Wk Low: $0.01



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 16
 Employees 25
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 23
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Adamant Dri Processing & Minerals Group
The demand for iron and steel products in China increased rapidly for a period of years before the recent slowdown in the Chinese economy. We believe demand for high quality iron ore concentrate will resume growing domestically and globally, and intend to seek to profit from this growth by participating in various aspects of the production of iron suitable for steelmaking, including, as suitable opportunities arise, through the acquisition of mines or mining rights, and the acquisition of iron processing facilities.

To date, we have constructed two facilities. Our first facility is an iron ore processing facility in Zhuolu County, Zhangjiakou City, Hebei Province, China. For a variety of reasons described below, this facility has not been able to operate continuously and we have upgraded this facility to improve the grade of iron concentrate it will produce and to add the capacity to produce Direct Reduced Iron (DRI).

Our second facility is a DRI production facility in Haixing County, Hebei Province.


   ADMG is expected to report next financial results on February 20, 2020.
 

Adamant Dri Processing & Minerals Group's Segments
 
 

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Sales increased modestly by 3.74 % to $1.39 millions from $1.34 millions in the same quarter a year ago and sequentially Sales increased by 0.73 % from $1.38 millions.

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Sales declined in double digits by -18.06 % to $0.66 millions from $0.80 millions in the same quarter a year ago and sequentially Sales fell by -20.24 % from $0.83 millions.






Customers Net Income fell by ADMG's customers Net margin fell to 0 %
-12.96 % 5.35 %
• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   
Major Competitors Stock performance

5 Days Decrease / Increase
     
AMNL      0% 
MUX   -3.51%    
MSB        0.22% 
DYNR        30% 
CLF        5.9% 
NUE   -1.98%    
• View Complete Report
   



             
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