Athabasca Minerals (CVE:ABM) Trading Down 10.2%

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Athabasca Minerals Inc (CVE:ABM)’s stock price traded down 10.2% during mid-day trading on Wednesday . The company traded as low as C$0.44 and last traded at C$0.44. 121,620 shares were traded during mid-day trading, an increase of 7% from the average session volume of 113,760 shares. The stock had previously closed at C$0.49.

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 1.84. The stock has a market cap of C$19.40 million and a P/E ratio of -4.11. The company has a 50 day simple moving average of C$0.44.

About Athabasca Minerals (CVE:ABM)

Athabasca Minerals Inc, an integrated aggregates company, engages in the resource development, aggregates marketing, and midstream supply-logistics solutions in Canada. It holds interests in the Richardson Dolomite/Granite Aggregate project comprising three contiguous subsurface leases covering an area of 3,904 hectares located to the north of Fort McMurray region; the Montney In-Basin Frac Sand project located in the vicinity of Dawson Creek and Fort St John; and the Duvernay Frac Sand project situated in Alberta.

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