Abcourt Mines (CVE:ABI) Shares Down 7.7% – Here’s What Happened

by · The Cerbat Gem

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s stock price traded down 7.7% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 5,387,574 shares were traded during trading, an increase of 529% from the average session volume of 856,425 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Performance

The stock’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06. The company has a market cap of C$60.85 million, a price-to-earnings ratio of -3.00 and a beta of 1.41. The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67.

About Abcourt Mines

(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.

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