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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price fell 18.2% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares traded hands 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 Stock Down 10.0 %

The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38. The company has a market capitalization of C$31.31 million, a P/E ratio of -0.90 and a beta of 1.57. The company has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.

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