Abacus Mining & Exploration (CVE:AME) Reaches New 12-Month Low – Time to Sell?

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 41200 shares changing hands. The stock had previously closed at C$0.03.

Abacus Mining & Exploration Price Performance

The company has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.03. The stock has a market cap of C$2.89 million, a P/E ratio of -0.67 and a beta of 1.56.

Abacus Mining & Exploration (CVE:AMEGet Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The company reported C($0.01) EPS for the quarter.

About Abacus Mining & Exploration

(Get Free Report)

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims.

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