Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Time to Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price shot 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 were traded during 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 firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41. The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67.

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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