Abcourt Mines (CVE:ABI) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.09 and traded as low as C$0.09. Abcourt Mines shares last traded at C$0.09, with a volume of 163,982 shares trading hands.

Abcourt Mines Price Performance

The company has a debt-to-equity ratio of -1,554.82, a current ratio of 3.08 and a quick ratio of 0.44. The firm has a market capitalization of C$107.40 million, a price-to-earnings ratio of -3.00 and a beta of 2.00. The business’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10.

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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