Abcourt Mines (CVE:ABI) Stock Price Up 14.3% – Still a Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares rose 14.3% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 334,000 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,263,297 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

The company has a debt-to-equity ratio of -1,554.82, a quick ratio of 0.44 and a current ratio of 3.08. The firm has a market capitalization of C$95.47 million, a P/E ratio of -2.67 and a beta of 2.00. The stock has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.10.

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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