Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 30.8% during mid-day trading 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 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 stock has a market capitalization of C$86.20 million, a price-to-earnings ratio of -4.25 and a beta of 1.41. 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 stock has a 50-day moving average of C$0.08 and a 200 day moving average 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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