Abacus Mining & Exploration (CVE:AME) Sets New 52-Week High – Time to Buy?

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.04, with a volume of 75778 shares. The stock had previously closed at C$0.05.

Abacus Mining & Exploration Trading Down 30.0%

The stock has a market capitalization of C$6.04 million, a P/E ratio of -1.17 and a beta of -0.93. The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

About Abacus Mining & Exploration

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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. It also has a 20% interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. The company was incorporated in 1983 and is based in Vancouver, Canada.

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