Abacus Mining & Exploration (CVE:AME) Hits New 1-Year Low – Here’s Why

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 19000 shares traded. The stock had previously closed at C$0.03.

Abacus Mining & Exploration Stock Performance

The firm has a market capitalization of C$2.89 million, a PE ratio of -0.67 and a beta of 1.56. The company’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

Abacus Mining & Exploration Company Profile

(Get Free Report)

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.

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