AsiaBaseMetals (CVE:ABZ) Reaches New 1-Year Low – Should You Sell?

AsiaBaseMetals Inc. (CVE:ABZGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.09.

AsiaBaseMetals Stock Performance

The firm has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.10. The stock has a market capitalization of C$4.20 million, a price-to-earnings ratio of -7.00 and a beta of 0.62.

About AsiaBaseMetals

(Get Free Report)

AsiaBaseMetals Inc focuses on the exploration and development of precious and base metals properties in Canada. It explores for gold, silver, zinc copper, cobalt, and lithium deposits. The company holds 100% interest in the Gnome project consisting of 1,996 hectares located in British Columbia. AsiaBaseMetals Inc was incorporated in 2009 and is based in Vancouver, Canada.

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