Abcourt Mines (CVE:ABI) Stock Price Down 10% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price traded down 10% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 3,660 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 337,102 shares. The stock had previously closed at C$0.05.

Abcourt Mines Stock Performance

The company has a debt-to-equity ratio of 24.38, a current ratio of 0.40 and a quick ratio of 0.44. The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.05. The firm has a market capitalization of C$31.31 million, a P/E ratio of -1.00 and a beta of 1.57.

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