Abcourt Mines (CVE:ABI) Trading Down 9.1% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price dropped 9.1% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 154,300 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 186,672 shares. The stock had previously closed at C$0.06.

Abcourt Mines Price Performance

The stock has a market capitalization of C$34.79 million, a PE ratio of -1.00 and a beta of 1.57. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a debt-to-equity ratio of 24.38, a current ratio of 0.40 and a quick ratio of 0.44.

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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