Abcourt Mines (CVE:ABI) Shares Cross Below 50-Day Moving Average – What’s Next?

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s stock price passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of C$0.08 and traded as low as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 30,389 shares traded.

Abcourt Mines Stock Performance

The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.08. The company has a market capitalization of C$75.18 million, a PE ratio of -2.10 and a beta of 2.40. 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.

Abcourt Mines Company Profile

(Get Free Report)

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.

Further Reading

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