Abcourt Mines (CVE:ABI) Trading Up 30.8% – Time to Buy?

by · The Cerbat Gem

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s share price traded 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. 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 Price Performance

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

About Abcourt Mines

(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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