Abacus Mining & Exploration (CVE:AME) Reaches New 52-Week Low – Here’s What Happened
by Michael Walen · The Markets DailyShares of Abacus Mining & Exploration Co. (CVE:AME – Get Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 21000 shares changing hands. The stock had previously closed at C$0.03.
Abacus Mining & Exploration Price Performance
The company has a market cap of C$2.89 million, a price-to-earnings ratio of -0.83 and a beta of 1.56. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03.
About Abacus Mining & Exploration
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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