Abcourt Mines (CVE:ABI) Stock Price Up 23.1% – Time to Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report) traded up 23.1% during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. 3,949,243 shares traded hands during mid-day trading, an increase of 351% from the average session volume of 876,213 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Up 30.8%

The stock’s fifty day moving average price is C$0.08 and its 200 day moving average price is 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. The stock has a market cap of C$86.20 million, a PE 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.

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