Abcourt Mines (CVE:ABI) Shares Down 18.2% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares fell 18.2% on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. 557,235 shares were traded during mid-day trading, an increase of 45% from the average session volume of 383,154 shares. The stock had previously closed at C$0.06.

Abcourt Mines Trading Down 18.2 %

The company has a market cap of C$31.31 million, a P/E ratio of -0.90 and a beta of 1.57. The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38. The firm’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05.

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

Abcourt Mines Company Profile

(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.

Read More

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