Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Should You Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 30.8% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares changed hands during mid-day 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 Stock Performance

The company has a market cap of C$86.20 million, a price-to-earnings ratio of -4.25 and a beta of 1.41. The stock’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.

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.

Further Reading

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