Abcourt Mines (CVE:ABI) Trading Up 30.8% – Here’s Why

Abcourt Mines Inc. (CVE:ABI – Get Free Report)’s share price 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 traded hands during mid-day trading, an increase of 404% from the average session volume of 877,394 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

The firm has a market cap of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41. The business’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.06. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.

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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