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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price rose 66.7% during trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 8,814,002 shares changed 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 market cap of C$59.96 million, a P/E ratio of -4.56 and a beta of 1.57. 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 stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05.

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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