Abcourt Mines (CVE:ABI) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.07. Abcourt Mines shares last traded at C$0.07, with a volume of 460,170 shares changing hands.

Abcourt Mines Price Performance

The stock has a market capitalization of C$83.53 million, a P/E ratio of -2.33 and a beta of 2.00. The company has a debt-to-equity ratio of -1,554.82, a quick ratio of 0.44 and a current ratio of 3.08. The business has a fifty day simple moving average of C$0.09 and a 200-day simple moving average of C$0.10.

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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