Abcourt Mines (CVE:ABI) Trading Up 13.3% – Here’s What Happened

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) rose 13.3% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 2,014,002 shares changed hands during mid-day trading, an increase of 98% from the average daily volume of 1,016,352 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Up 13.3%

The stock has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.09. The company has a debt-to-equity ratio of -1,554.82, a current ratio of 3.08 and a quick ratio of 0.44. The company has a market capitalization of C$101.43 million, a P/E ratio of -2.83 and a beta of 2.23.

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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