Abcourt Mines (CVE:ABI) Stock Price Down 16.7% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares were down 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 1,559,595 shares were traded during trading, an increase of 23% from the average daily volume of 1,266,880 shares. The stock had previously closed at C$0.09.

Abcourt Mines Price Performance

The company has a market capitalization of C$89.50 million, a P/E ratio of -2.50 and a beta of 2.00. The company has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.10. The company has a quick ratio of 0.44, a current ratio of 3.08 and a debt-to-equity ratio of -1,554.82.

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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