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

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Abcourt Mines Trading Up 10.0 %

The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44. The stock has a market cap of C$43.97 million, a price-to-earnings ratio of -3.34 and a beta of 1.57. The company’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05.

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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