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

Abcourt Mines Inc. (CVE:ABI)’s stock price traded up 66.7% during trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 8,814,002 shares changed 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 market cap of C$59.96 million, a P/E ratio of -4.56 and a beta of 1.57. The company has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44.

Abcourt Mines Company Profile

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.