Abcourt Mines (CVE:ABI) Shares Down 13% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price traded down 13% during mid-day trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. 2,200,798 shares traded hands during trading, an increase of 27% from the average session volume of 1,730,414 shares. The stock had previously closed at C$0.12.

Abcourt Mines Price Performance

The company has a debt-to-equity ratio of 668.44, a current ratio of 2.05 and a quick ratio of 0.44. The business has a 50 day simple moving average of C$0.11 and a 200 day simple moving average of C$0.09. The stock has a market cap of C$125.10 million, a PE ratio of -3.50 and a beta of 1.91.

Abcourt Mines Company Profile

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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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