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

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

Abcourt Mines Stock Performance

The company has a 50 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 company has a market cap of C$59.96 million, a P/E ratio of -4.56 and a beta of 1.57.

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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