Abacus Mining & Exploration (CVE:AME) Hits New 12-Month Low – Here’s Why

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 373067 shares. The stock had previously closed at C$0.03.

Abacus Mining & Exploration Price Performance

The business has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization of C$4.32 million, a price-to-earnings ratio of -1.25 and a beta of 0.73.

About Abacus Mining & Exploration

(Get Free Report)

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims.

Further Reading

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