Abcourt Mines (CVE:ABI) Stock Price Down 18.2% – Should You Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded down 18.2% during mid-day trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. 557,235 shares changed hands 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 10.0 %

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 company’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05. The stock has a market capitalization of C$31.31 million, a price-to-earnings ratio of -0.90 and a beta of 1.57.

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

About Abcourt Mines

(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.

Featured Stories

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.