Abcourt Mines (CVE:ABI) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.05. Abcourt Mines shares last traded at C$0.05, with a volume of 2,000 shares changing hands.

Abcourt Mines Stock Up 11.1 %

The company has a debt-to-equity ratio of 24.38, a current ratio of 0.40 and a quick ratio of 0.44. The firm has a market cap of C$34.79 million, a price-to-earnings ratio of -1.00 and a beta of 1.57. The firm has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.05.

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

About Abcourt Mines

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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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