Abcourt Mines (CVE:ABI) Sets New 1-Year Low – Here’s What Happened

Abcourt Mines Inc. (CVE:ABI – Get Free Report) reached a new 52-week low on Monday. The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 312,125 shares changing hands. The stock had previously closed at C$0.05.

Abcourt Mines Price Performance

The firm has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.08. The company has a current ratio of 1.41, a quick ratio of 0.44 and a debt-to-equity ratio of -268.03. The company has a market capitalization of C$65.43 million, a PE ratio of -1.83 and a beta of 2.40.

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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