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

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares 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 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 Up 30.8%

The business’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.06. 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. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.

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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