Abacus Mining & Exploration (CVE:AME) Hits New 52-Week Low – Should You Sell?

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 25604 shares trading hands. The stock had previously closed at C$0.03.

Abacus Mining & Exploration Price Performance

The stock has a market capitalization of C$3.75 million, a PE ratio of -0.67 and a beta of -0.48. The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03.

About Abacus Mining & Exploration

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Abacus Mining & Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abacus Mining & Exploration and related companies with MarketBeat.com's FREE daily email newsletter.