Abcourt Mines (CVE:ABI) Trading Up 30.8% – Should You Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) were up 30.8% during trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares traded 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 Trading Up 30.8%

The stock has a market cap of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41. The company’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67.

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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