Abcourt Mines (CVE:ABI) Shares Up 23.1% – Should You Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) traded up 23.1% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.08. 3,702,243 shares traded hands during trading, an increase of 323% from the average session volume of 875,548 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

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 company has a market capitalization of C$81.13 million, a P/E ratio of -4.00 and a beta of 1.41. The firm’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.06.

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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