Abcourt Mines Inc. (CVE:ABI – Get Free Report) dropped 10.8% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 4,080,937 shares traded hands during trading, an increase of 380% from the average daily volume of 850,319 shares. The stock had previously closed at C$0.07.
Abcourt Mines Trading Down 7.7%
The business’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44. The firm has a market cap of C$60.85 million, a price-to-earnings ratio of -3.00 and a beta of 1.41.
About Abcourt Mines
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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