Abcourt Mines (CVE:ABI) Shares Cross Above 200-Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.05 and traded as high as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 20,000 shares.

Abcourt Mines Trading Up 10.0 %

The stock’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The company has a market capitalization of C$43.97 million, a PE ratio of -3.34 and a beta of 1.57. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13.

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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