Abcourt Mines (CVE:ABI) Shares Up 30.8% – Here’s Why

Abcourt Mines Inc. (CVE:ABIGet Free Report) rose 30.8% on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares changed hands during trading, an increase of 403% from the average daily volume of 878,796 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Up 30.8%

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 firm has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.06. The firm has a market capitalization of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41.

About Abcourt Mines

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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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