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

by · The Markets Daily

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s share price was up 30.8% on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares traded hands during 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 P/E ratio of -4.25 and a beta of 1.41. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13. The company has a 50-day moving average price of C$0.08 and a two-hundred day moving average price 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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