Abcourt Mines (CVE:ABI) Shares Pass Above 50 Day Moving Average – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.07. Abcourt Mines shares last traded at C$0.06, with a volume of 87,000 shares trading hands.

Abcourt Mines Stock Performance

The stock has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.05. The company has a market capitalization of C$41.74 million, a P/E ratio of -1.20 and a beta of 1.57. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38.

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.

Further Reading

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