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

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) traded up 30.8% during trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. 4,419,243 shares changed hands during mid-day 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 Price 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’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06. The firm has a market capitalization 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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