Abcourt Mines (CVE:ABI) Shares Up 66.7% – Time to Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report) shares traded up 66.7% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 8,814,002 shares traded hands during 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 Performance

The stock has a fifty day moving average price of C$0.05 and a 200 day moving average price 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. 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.

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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