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

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 18.2% on Wednesday . The stock 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 stock has a 50-day moving average price of C$0.05 and a two-hundred day moving average price 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 stock has a market cap of C$31.31 million, a price-to-earnings ratio of -0.90 and a beta of 1.57.

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