Abcourt Mines (CVE:ABI) Trading Down 9.1% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price dropped 9.1% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 580,731 shares were traded during trading, an increase of 225% from the average daily volume of 178,825 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

The firm’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The stock has a market capitalization of C$39.97 million, a P/E ratio of -3.04 and a beta of 1.57. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44.

Abcourt Mines Company Profile

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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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