Abacus Mining & Exploration (CVE:AME) Reaches New 52-Week Low – Here’s What Happened

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 14041 shares traded. The stock had previously closed at C$0.02.

Abacus Mining & Exploration Price Performance

The company’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The firm has a market cap of C$3.75 million, a PE ratio of -0.67 and a beta of -0.68.

Abacus Mining & Exploration Company Profile

(Get Free Report)

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims. It also has a 20% interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. The company was incorporated in 1983 and is based in Vancouver, Canada.

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