Abcourt Mines (CVE:ABI) Stock Price Down 7.7% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price dropped 7.7% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 5,387,574 shares traded hands during mid-day trading, an increase of 529% from the average daily volume of 856,425 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Down 7.7%

The firm has a market cap of C$60.85 million, a PE ratio of -3.00 and a beta of 1.41. 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 business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.06.

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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