Abcourt Mines (CVE:ABI) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.05. Abcourt Mines shares last traded at C$0.05, with a volume of 2,000 shares changing hands.

Abcourt Mines Trading Up 11.1 %

The business’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The company has a market capitalization of C$34.79 million, a price-to-earnings ratio of -1.00 and a beta of 1.57.

Abcourt Mines (CVE:ABIGet Free Report) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported C($0.01) earnings per share 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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