Abcourt Mines (CVE:ABI) Trading 30.8% Higher – What’s Next?

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 were traded 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 firm has a market capitalization of C$86.20 million, a price-to-earnings ratio of -4.25 and a beta of 1.41. The firm has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.06. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44.

Abcourt Mines Company Profile

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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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