Abcourt Mines (CVE:ABI) Stock Price Down 6.7% – Here’s What Happened

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) were down 6.7% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 583,134 shares changed hands during trading, an increase of 21% from the average daily volume of 482,574 shares. The stock had previously closed at C$0.08.

Abcourt Mines Price Performance

The stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The stock has a market capitalization of C$59.96 million, a price-to-earnings ratio of -4.56 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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