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

by · The Cerbat Gem

Abcourt Mines Inc. (CVE:ABI – Get Free Report) traded up 30.8% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 4,419,243 shares changed hands 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 Trading 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 firm has a market capitalization of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41. The firm has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.06.

Abcourt Mines Company Profile

(Get Free Report)

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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