Abcourt Mines (CVE:ABI) Stock Price Down 18.2% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares dropped 18.2% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 557,235 shares changed hands during trading, an increase of 45% from the average daily volume of 383,154 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

The stock has a market capitalization of C$31.31 million, a price-to-earnings ratio of -0.90 and a beta of 1.57. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The firm has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05.

Abcourt Mines (CVE:ABIGet Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.

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.

Further Reading

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