Abcourt Mines (CVE:ABI) Shares Up 66.7% – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price shot up 66.7% during trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. 8,814,002 shares changed hands during mid-day trading, an increase of 1,957% from the average session volume of 428,392 shares. The stock had previously closed at C$0.05.

Abcourt Mines Stock Up 66.7%

The firm has a market cap of C$59.96 million, a price-to-earnings ratio of -4.56 and a beta of 1.57. The stock has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05. 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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