Abcourt Mines (CVE:ABI) Stock Price Up 23.1% – Still a Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) shot up 23.1% on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. 3,949,243 shares were traded during mid-day trading, an increase of 351% from the average session volume of 876,213 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Up 23.1%

The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The company has a market cap of C$81.13 million, a price-to-earnings ratio of -4.00 and a beta of 1.41. The firm has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.06.

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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