Abcourt Mines (CVE:ABI) Sets New 12-Month Low – What’s Next?

Abcourt Mines Inc. (CVE:ABI – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 464,143 shares traded. The stock had previously closed at C$0.06.

Abcourt Mines Price Performance

The stock has a market capitalization of C$65.43 million, a PE ratio of -1.83 and a beta of 2.40. The company has a current ratio of 1.41, a quick ratio of 0.44 and a debt-to-equity ratio of -268.03. The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09.

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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