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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price fell 7.7% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 5,387,574 shares changed hands during mid-day 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 Up 3.4%

The firm’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.06. The firm has a market cap of C$60.85 million, a PE 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.

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.

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