Abcourt Mines (CVE:ABI) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.09 and traded as low as C$0.07. Abcourt Mines shares last traded at C$0.07, with a volume of 231,826 shares changing hands.

Abcourt Mines Stock Performance

The company has a current ratio of 3.08, a quick ratio of 0.44 and a debt-to-equity ratio of -1,554.82. The firm has a market capitalization of C$89.50 million, a price-to-earnings ratio of -2.50 and a beta of 2.23. The stock has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.09.

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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