Abcourt Mines (CVE:ABI) Stock Price Down 6.3% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) fell 6.3% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.08. 2,407,985 shares were traded during trading, an increase of 364% from the average session volume of 519,196 shares. The stock had previously closed at C$0.08.

Abcourt Mines Stock Down 6.3%

The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67. The company has a market cap of C$59.96 million, a price-to-earnings ratio of -4.56 and a beta of 1.57. The stock’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.05.

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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