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

Abcourt Mines Inc. (CVE:ABI) traded down 18.2% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. 557,235 shares were traded during mid-day 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 firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The company has a market capitalization of C$31.31 million, a PE ratio of -0.90 and a beta of 1.57.

Abcourt Mines (CVE:ABI) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.

Abcourt Mines Company Profile

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.