Abcourt Mines (CVE:ABI) Trading 66.7% Higher – Here’s What Happened

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

The firm has a market capitalization of C$59.96 million, a price-to-earnings ratio of -4.56 and a beta of 1.57. The company has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a debt-to-equity ratio of -32.13, a quick ratio of 0.44 and a current ratio of 0.67.

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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