Abcourt Mines (CVE:ABI) Trading Down 18.2% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price traded down 18.2% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares were traded during 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 Price Performance

The company has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of 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. The company has a debt-to-equity ratio of 24.38, a quick ratio of 0.44 and a current ratio of 0.40.

Abcourt Mines (CVE:ABIGet Free Report) last posted its quarterly earnings data 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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