AsiaBaseMetals (CVE:ABZ) Sets New 52-Week Low – What’s Next?

AsiaBaseMetals Inc. (CVE:ABZ – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 30,000 shares. The stock had previously closed at C$0.07.

AsiaBaseMetals Stock Down 28.6%

The firm has a market capitalization of C$2.51 million, a price-to-earnings ratio of -13.00 and a beta of 0.39. The company has a current ratio of 0.02, a quick ratio of 0.74 and a debt-to-equity ratio of -1.46. The firm has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.11.

About AsiaBaseMetals

(Get Free Report)

AsiaBaseMetals Inc focuses on the exploration and development of precious and base metals properties in Canada. It explores for gold, silver, zinc copper, cobalt, and lithium deposits. The company holds 100% interest in the Gnome project consisting of 1,996 hectares located in British Columbia. AsiaBaseMetals Inc was incorporated in 2009 and is based in Vancouver, Canada.

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