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

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price was 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. 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 Price Performance

The stock has a market capitalization of C$59.96 million, a P/E ratio of -4.56 and a beta of 1.57. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is 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.

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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