Abcourt Mines (CVE:ABI) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.09 and traded as low as C$0.09. Abcourt Mines shares last traded at C$0.09, with a volume of 163,982 shares traded.

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 fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.10. The firm has a market cap of C$107.40 million, a PE ratio of -3.00 and a beta of 2.00.

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.

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