Abacus Mining & Exploration (CVE:AME) Sets New 1-Year Low – Here’s What Happened

Shares of Abacus Mining & Exploration Co. (CVE:AMEGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 44000 shares trading hands. The stock had previously closed at C$0.02.

Abacus Mining & Exploration Stock Performance

The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market capitalization of C$2.89 million, a price-to-earnings ratio of -0.67 and a beta of 1.56.

Abacus Mining & Exploration Company Profile

(Get Free Report)

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims.

Read More

Receive News & Ratings for Abacus Mining & Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abacus Mining & Exploration and related companies with MarketBeat.com's FREE daily email newsletter.