Abacus Mining & Exploration (CVE:AME) Sets New 12-Month Low – Time to Sell?

Abacus Mining & Exploration Co. (CVE:AME)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 60090 shares changing hands. The stock had previously closed at C$0.03.

Abacus Mining & Exploration Trading Down 20.0 %

The firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a market capitalization of C$2.89 million, a P/E ratio of -0.67 and a beta of 1.56.

Abacus Mining & Exploration Company Profile

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.