Abcourt Mines Inc. (CVE:ABI – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.05 and traded as low as C$0.05. Abcourt Mines shares last traded at C$0.05, with a volume of 630,000 shares trading hands.
Abcourt Mines Trading Down 9.1 %
The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The firm has a market capitalization of C$39.97 million, a price-to-earnings ratio of -3.04 and a beta of 1.57. The business has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.
Insiders Place Their Bets
In other Abcourt Mines news, Director Francois Joseph Pierre Marie Mestrallet bought 1,000,000 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were acquired at an average cost of C$0.05 per share, for a total transaction of C$50,000.00. Corporate insiders own 46.44% of the company’s stock.
About Abcourt Mines
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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