Abcourt Mines (CVE:ABI) Shares Cross Above 50 Day Moving Average – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 488,250 shares.

Abcourt Mines Stock Up 10.0 %

The firm has a market capitalization of C$43.97 million, a price-to-earnings ratio of -3.34 and a beta of 1.57. The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67. The business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05.

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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