Abcourt Mines (CVE:ABI) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.05 and traded as high as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 488,250 shares changing hands.

Abcourt Mines Price Performance

The stock has a market capitalization of C$43.97 million, a P/E ratio of -3.34 and a beta of 1.57. The company has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.05. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13.

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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