Abcourt Mines (CVE:ABI) Shares Down 18.2% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price traded down 18.2% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares traded hands during 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 Down 18.2 %

The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38. The firm has a market capitalization of C$31.31 million, a PE ratio of -0.90 and a beta of 1.57. The business has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.05.

Abcourt Mines (CVE:ABIGet Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) earnings per share 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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