Abcourt Mines (CVE:ABI) Trading Up 30.8% – Should You Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) traded up 30.8% during mid-day trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. 4,419,243 shares traded 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 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 stock has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$86.20 million, a price-to-earnings ratio of -4.25 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.

Further Reading

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