Abcourt Mines (CVE:ABI) Shares Cross Above Fifty Day Moving Average of $0.06

Abcourt Mines Inc. (CVE:ABIGet Rating) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.06 and traded as high as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 15,000 shares trading hands.

Abcourt Mines Stock Performance

The stock has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08. The company has a market cap of C$20.60 million and a P/E ratio of -30.00. The company has a debt-to-equity ratio of 7.86, a current ratio of 0.53 and a quick ratio of 0.17.

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, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the Elder Mine and Tagami Property located near Rouyn-Noranda; the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute; Aldermac property located near Rouyn-Noranda; and the Jonpol property located near Amos, Quebec.

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