Abcourt Mines (CVE:ABI) Stock Price Down 10% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares were down 10% during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 3,660 shares traded hands during trading, a decline of 99% from the average daily volume of 337,102 shares. The stock had previously closed at C$0.05.

Abcourt Mines Price Performance

The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The company has a market capitalization of C$31.31 million, a PE ratio of -0.90 and a beta of 1.57. The business’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05.

Abcourt Mines (CVE:ABIGet Free Report) last posted its earnings results on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.

Abcourt Mines Company Profile

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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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