Abcourt Mines (CVE:ABI) Trading Down 18.2% – Here’s Why

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 18.2% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 383,154 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

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 stock has a market capitalization of C$31.31 million, a PE ratio of -0.90 and a beta of 1.57. The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05.

Abcourt Mines (CVE:ABIGet Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) EPS for the quarter.

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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