Abcourt Mines (CVE:ABI) Stock Price Down 7.1% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was down 7.1% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 134,500 shares changed hands during trading, a decline of 61% from the average daily volume of 346,015 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Down 7.1 %

The company’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The firm has a market capitalization of C$45.22 million, a P/E ratio of -1.30 and a beta of 1.56.

About Abcourt Mines

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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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