Abcourt Mines (CVE:ABI) Stock Price Up 66.7% – Still a Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) rose 66.7% 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 Up 66.7%

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