Abcourt Mines (CVE:ABI) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.05. Abcourt Mines shares last traded at C$0.06, with a volume of 627,000 shares.

Abcourt Mines Price Performance

The company has a market cap of C$43.97 million, a P/E ratio of -3.34 and a beta of 1.57. The company’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.

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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