AsiaBaseMetals (CVE:ABZ) Sets New 1-Year Low – Time to Sell?

AsiaBaseMetals Inc. (CVE:ABZGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 5000 shares. The stock had previously closed at C$0.07.

AsiaBaseMetals Stock Down 20.0%

The company has a quick ratio of 0.74, a current ratio of 0.02 and a debt-to-equity ratio of -1.46. The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.11. The firm has a market capitalization of C$3.01 million, a PE ratio of -13.00 and a beta of 0.52.

AsiaBaseMetals Company Profile

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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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