Abcourt Mines (CVE:ABI) Shares Down 5.6% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 5.6% during trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.09. 426,475 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 1,371,801 shares. The stock had previously closed at C$0.09.

Abcourt Mines Stock Down 5.6%

The company’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.10. The stock has a market capitalization of C$101.13 million, a PE ratio of -4.25 and a beta of 2.00. The company has a quick ratio of 0.44, a current ratio of 2.05 and a debt-to-equity ratio of 668.44.

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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