Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price shot up 30.8% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. 4,419,243 shares changed hands during trading, an increase of 403% from the average session volume of 878,796 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Up 30.8%

The firm has a market capitalization of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41. The company has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.06. The company has a quick ratio of 0.44, a current ratio of 0.67 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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