Abcourt Mines (CVE:ABI) Stock Price Down 18.2% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price was down 18.2% on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 557,235 shares traded 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 Stock Down 10.0 %

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. The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38. The business’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05.

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

About Abcourt Mines

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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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