Abcourt Mines (CVE:ABI) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . 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 30,813 shares changing hands.

Abcourt Mines Stock Performance

The stock has a market cap of C$34.79 million, a P/E ratio of -1.00 and a beta of 1.57. The stock has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38.

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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