Abacus Mining & Exploration Co. (CVE:AME – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.02 and last traded at C$0.01, with a volume of 5,000 shares trading hands. The stock had previously closed at C$0.02.
Abacus Mining & Exploration Stock Down 25.0%
The company has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The firm has a market capitalization of C$2.81 million, a P/E ratio of -0.50 and a beta of -0.81.
About Abacus Mining & Exploration
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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