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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price traded up 30.8% 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 Stock Performance

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

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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