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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 30.8% on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares changed hands during mid-day 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 firm’s 50-day moving average price is C$0.08 and its two-hundred 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. The firm has a market cap of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41.

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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