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

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) were up 30.8% on Friday . The stock 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 Price Performance

The company has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.06. 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 firm has a market capitalization of C$86.20 million, a price-to-earnings ratio of -4.25 and a beta of 1.41.

About Abcourt Mines

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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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