Shares of Abcourt Mines Inc. (CVE:ABI – Get 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$0.05. Abcourt Mines shares last traded at C$0.05, with a volume of 274,000 shares changing hands.
Abcourt Mines Stock Performance
The company has a market cap of C$39.97 million, a P/E ratio of -3.04 and a beta of 1.57. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13. The company’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.05.
Insiders Place Their Bets
In other news, Director Francois Joseph Pierre Marie Mestrallet purchased 1,000,000 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were acquired at an average price of C$0.05 per share, with a total value of C$50,000.00. Insiders own 46.44% of the company’s stock.
Abcourt Mines Company Profile
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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