Abcourt Mines (CVE:ABI) Trading 30.8% Higher – What’s Next?

Shares of Abcourt Mines Inc. (CVE:ABI) were 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. 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 Stock Performance

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 stock has a market cap of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41. The firm has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.06.

Abcourt Mines Company Profile

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.