Abcourt Mines (CVE:ABI) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.09 and traded as low as C$0.09. Abcourt Mines shares last traded at C$0.09, with a volume of 163,982 shares traded.

Abcourt Mines Trading Up 5.9%

The company has a current ratio of 3.08, a quick ratio of 0.44 and a debt-to-equity ratio of -1,554.82. The firm has a 50-day moving average of C$0.09 and a 200 day moving average of C$0.10. The company has a market cap of C$107.40 million, a P/E ratio of -3.00 and a beta of 2.00.

Abcourt Mines Company Profile

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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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