Abcourt Mines (CVE:ABI) Reaches New 52-Week Low at $0.11

Abcourt Mines Inc. (CVE:ABI)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 322000 shares traded. The stock had previously closed at C$0.11.

The business’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.14. The company has a market capitalization of C$31.14 million and a price-to-earnings ratio of 14.29. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.63 and a current ratio of 1.13.

About Abcourt Mines (CVE:ABI)

Abcourt Mines Inc engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the Elder Mine and Tagami Property located near Rouyn-Noranda; the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute; Aldermac property located near Rouyn-Noranda; and the Jonpol property located near Amos, Quebec.

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