Abcourt Mines (CVE:ABI) Shares Cross Below 50 Day Moving Average of $0.05

Abcourt Mines Inc. (CVE:ABIGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.04. Abcourt Mines shares last traded at C$0.04, with a volume of 325,901 shares traded.

Abcourt Mines Trading Down 11.1 %

The company has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The firm has a market cap of C$21.98 million, a price-to-earnings ratio of -1.33 and a beta of 1.42. The company has a debt-to-equity ratio of 24.38, a quick ratio of 0.44 and a current ratio of 0.35.

Abcourt Mines (CVE:ABIGet Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The company reported C($0.01) EPS for the quarter. The firm had revenue of C$0.01 million during the quarter.

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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