Abcourt Mines (CVE:ABI) Shares Up 30.8% – Time to Buy?

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

Abcourt Mines Trading Up 30.8%

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 company has a market cap of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41. The business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.06.

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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