Abcourt Mines (CVE:ABI) Shares Pass Above 50-Day Moving Average – Time to Sell?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.05 and traded as high as C$0.05. Abcourt Mines shares last traded at C$0.05, with a volume of 59,000 shares changing hands.

Abcourt Mines Trading Down 10.0 %

The company has a quick ratio of 0.44, a current ratio of 0.40 and a debt-to-equity ratio of 24.38. The company has a market cap of C$31.31 million, a price-to-earnings ratio of -0.90 and a beta of 1.57. The business has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05.

Abcourt Mines (CVE:ABIGet Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) EPS for the quarter.

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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