Abcourt Mines (CVE:ABI) Stock Price Down 9.1% – Here’s What Happened

by · The Cerbat Gem

Shares of Abcourt Mines Inc. (CVE:ABI – Get Free Report) traded down 9.1% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 111,100 shares were traded during mid-day trading, a decline of 68% from the average session volume of 343,135 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

The firm has a market cap of C$34.79 million, a price-to-earnings ratio of -1.10 and a beta of 1.57. The company has a debt-to-equity ratio of 24.38, a current ratio of 0.40 and a quick ratio of 0.44. The firm has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05.

Abcourt Mines (CVE:ABI – Get Free Report) last released its earnings results on Tuesday, October 22nd. The company reported C($0.01) earnings per share for the quarter.

About Abcourt Mines

(Get Free Report)

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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