Abcourt Mines (CVE:ABI) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 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 2,206,967 shares changing hands.

Abcourt Mines Stock Down 5.3%

The company’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market capitalization of C$107.08 million, a PE ratio of -4.50 and a beta of 1.99. The company has a quick ratio of 0.44, a current ratio of 2.05 and a debt-to-equity ratio of 668.44.

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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