Abcourt Mines (CVE:ABI) Shares Up 23.1% – Time to Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) shot up 23.1% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. 3,949,243 shares changed hands during mid-day trading, an increase of 351% from the average session volume of 876,213 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The firm’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The stock has a market cap of C$81.13 million, a PE ratio of -4.00 and a beta of 1.41.

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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