Asiabasemetals (CVE:ABZ) Stock Price Down 5.4%

Asiabasemetals (CVE:ABZ)’s stock price was down 5.4% during trading on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35, approximately 5,000 shares changed hands during mid-day trading. An increase of 50% from the average daily volume of 3,334 shares. The stock had previously closed at C$0.37.

The company’s 50 day moving average is C$0.39 and its 200 day moving average is C$0.38. The firm has a market capitalization of $12.42 million and a price-to-earnings ratio of -18.42.

About Asiabasemetals (CVE:ABZ)

AsiaBaseMetals Inc engages in the exploration and development of metals in Canada. The company explores for zinc, iron, cobalt, and lithium deposits. It owns 100% interests in the Gnome zinc project covering an area of 5,868 hectares located in British Columbia; and Jean iron ore project comprising 15 mineral claims covering an area of 1,584 hectares located in the Thunder Bay Mining district of Ontario.

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