Abcourt Mines (CVE:ABI) Hits New 52-Week Low – Time to Sell?

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s stock price reached a new 52-week low on Monday. The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 312,125 shares changing hands. The stock had previously closed at C$0.05.

Abcourt Mines Stock Performance

The stock has a market cap of C$65.43 million, a P/E ratio of -1.83 and a beta of 2.40. The stock has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 0.44, a current ratio of 1.41 and a debt-to-equity ratio of -268.03.

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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