Abacus Mining & Exploration Co. (CVE:AME – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 22510 shares trading hands. The stock had previously closed at C$0.04.
Abacus Mining & Exploration Stock Up 11.1%
The company’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The company has a market cap of C$8.63 million, a price-to-earnings ratio of -1.67 and a beta of 0.85.
About Abacus Mining & Exploration
Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims. It also has a 20% interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. The company was incorporated in 1983 and is based in Vancouver, Canada.
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