Abcourt Mines (CVE:ABI) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.07. Abcourt Mines shares last traded at C$0.07, with a volume of 460,170 shares.

Abcourt Mines Price Performance

The business has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of -1,554.82, a current ratio of 3.08 and a quick ratio of 0.44. The company has a market cap of C$83.53 million, a PE ratio of -2.33 and a beta of 2.00.

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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