Abcourt Mines (CVE:ABI) Sets New 52-Week Low – Here’s Why

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 924,624 shares changing hands. The stock had previously closed at C$0.06.

Abcourt Mines Price Performance

The stock has a market cap of C$69.18 million, a P/E ratio of -1.83 and a beta of 2.68. The company has a current ratio of 1.41, a quick ratio of 0.44 and a debt-to-equity ratio of -268.03. The firm’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.08.

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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