Abcourt Mines (CVE:ABI) Stock Price Down 7.7% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price dropped 7.7% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 5,387,574 shares traded hands during mid-day trading, an increase of 529% from the average daily volume of 856,425 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

The business’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The company has a market capitalization of C$60.85 million, a P/E ratio of -3.00 and a beta of 1.41. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13.

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

Receive News & Ratings for Abcourt Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abcourt Mines and related companies with MarketBeat.com's FREE daily email newsletter.