Abcourt Mines (CVE:ABI) Stock Price Down 7.7% – Time to Sell?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) dropped 7.7% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 5,387,574 shares were traded during trading, an increase of 529% from the average daily volume of 856,425 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Down 7.7%

The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44. The stock has a market capitalization of C$60.85 million, a P/E ratio of -3.00 and a beta of 1.41. The stock’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.06.

About Abcourt Mines

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Abcourt Mines Inc engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver and zinc deposits. Abcourt Mines Inc was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.

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