Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 924,624 shares changing hands. The stock had previously closed at C$0.06.
Abcourt Mines Stock Up 9.1%
The firm’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.08. The company has a market cap of C$75.46 million, a price-to-earnings ratio of -2.00 and a beta of 2.68. The company has a quick ratio of 0.44, a current ratio of 1.41 and a debt-to-equity ratio of -268.03.
About Abcourt Mines
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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