Abcourt Mines (CVE:ABI) Stock Price Up 30.8% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price rose 30.8% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares changed hands 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 Stock Up 30.8%

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. 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 business has a 50-day moving average price of C$0.08 and a 200-day moving average price of 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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