Abcourt Mines (CVE:ABI) Stock Price Down 9.1% – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares were down 9.1% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 154,300 shares traded hands during trading, a decline of 17% from the average daily volume of 186,672 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

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 firm has a market capitalization of C$34.79 million, a price-to-earnings ratio of -1.00 and a beta of 1.57. The company has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.05.

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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