Abcourt Mines (CVE:ABI) Trading Down 7.7% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 7.7% during mid-day trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 3,289,937 shares were traded during trading, an increase of 289% from the average session volume of 845,200 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Down 7.7%

The company’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.06. 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.

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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