Abacus Mining & Exploration (CVE:AME) Hits New 12-Month Low – What’s Next?

Abacus Mining & Exploration Co. (CVE:AMEGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 7000 shares trading hands. The stock had previously closed at C$0.02.

Abacus Mining & Exploration Price Performance

The company’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The firm has a market capitalization of C$2.89 million, a PE ratio of -0.67 and a beta of 1.56.

About Abacus Mining & Exploration

(Get Free Report)

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims.

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