Abcourt Mines (CVE:ABI) Trading Down 9.1% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 9.1% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 154,300 shares were traded during mid-day trading, a decline of 17% from the average session volume of 186,672 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

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 business has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05. The firm has a market cap of C$34.79 million, a PE ratio of -1.00 and a beta of 1.57.

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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