Abcourt Mines (CVE:ABI) Stock Price Down 18.2% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) traded down 18.2% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares changed hands during mid-day trading, an increase of 45% from the average session volume of 383,154 shares. The stock had previously closed at C$0.06.

Abcourt Mines Trading Down 10.0 %

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 business’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$31.31 million, a price-to-earnings ratio of -0.90 and a beta of 1.57.

Abcourt Mines (CVE:ABIGet Free Report) last issued its earnings results on Tuesday, October 22nd. The company reported C($0.01) EPS for the quarter.

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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