Abcourt Mines (CVE:ABI) Shares Down 7.7% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) traded down 7.7% on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 5,387,574 shares changed hands during mid-day trading, an increase of 529% from the average session volume of 856,425 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Down 7.7%

The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.06. The company has a market capitalization of C$60.85 million, a PE ratio of -3.00 and a beta of 1.41. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13.

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.

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