Abcourt Mines (CVE:ABI) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.09. Abcourt Mines shares last traded at C$0.09, with a volume of 22,168 shares traded.

Abcourt Mines Price Performance

The company has a debt-to-equity ratio of 668.44, a quick ratio of 0.44 and a current ratio of 2.05. The stock has a market capitalization of C$107.08 million, a price-to-earnings ratio of -4.50 and a beta of 2.00. The company has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.10.

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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