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

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded up 30.8% on Saturday . The stock 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 Trading Up 30.8%

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

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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