Abcourt Mines (CVE:ABI) Trading Down 18.2% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price fell 18.2% during trading on Wednesday . The company 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 10.0 %

The firm has a market capitalization of C$31.31 million, a PE ratio of -0.90 and a beta of 1.57. The company has a debt-to-equity ratio of 24.38, a current ratio of 0.40 and a quick ratio of 0.44. The company 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 posted its quarterly earnings results on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.

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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