Abcourt Mines (CVE:ABI) Stock Passes Below 50-Day Moving Average – Here’s Why

Abcourt Mines Inc. (CVE:ABIGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.05. Abcourt Mines shares last traded at C$0.06, with a volume of 627,000 shares.

Abcourt Mines Stock Performance

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 stock has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The stock has a market capitalization of C$43.97 million, a P/E ratio of -3.34 and a beta of 1.57.

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.

Further Reading

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