Abcourt Mines (CVE:ABI) Stock Price Up 30.8% – Should You Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares shot up 30.8% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 4,419,243 shares were traded 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 Stock 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 stock has a 50-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 cap of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41.

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.

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