Abcourt Mines (CVE:ABI) Reaches New 12-Month Low – Time to Sell?

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s share price hit a new 52-week low during trading on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 464,143 shares trading hands. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

The firm has a market capitalization of C$65.63 million, a P/E ratio of -1.83 and a beta of 2.40. The company’s 50 day moving average is C$0.07 and its 200-day moving average is 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.

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