Abcourt Mines (CVE:ABI) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s share 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$0.07. Abcourt Mines shares last traded at C$0.07, with a volume of 391,257 shares.

Abcourt Mines Price Performance

The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.08. The company has a market capitalization of C$83.28 million, a PE ratio of -2.33 and a beta of 2.18. The company has a quick ratio of 0.44, a current ratio of 3.08 and a debt-to-equity ratio of -1,554.82.

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.

Further Reading

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