Abcourt Mines (CVE:ABI) Shares Down 16.7% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was down 16.7% during trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 1,559,595 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 1,266,880 shares. The stock had previously closed at C$0.09.

Abcourt Mines Trading Down 16.7%

The company has a quick ratio of 0.44, a current ratio of 3.08 and a debt-to-equity ratio of -1,554.82. The firm’s fifty day moving average is C$0.09 and its two-hundred day moving average is C$0.10. The firm has a market cap of C$89.50 million, a P/E ratio of -2.50 and a beta of 2.00.

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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