Shares of Abcourt Mines Inc. (CVE:ABI – Get Free Report) were down 18.2% during trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 557,235 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 383,154 shares. The stock had previously closed at C$0.06.
Abcourt Mines Trading Down 18.2 %
The firm has a market cap of C$31.31 million, a price-to-earnings 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’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.
Abcourt Mines (CVE:ABI – Get Free Report) last issued its earnings results on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.
Abcourt Mines Company Profile
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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