Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Still a Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 30.8% on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 4,419,243 shares were traded during trading, an increase of 403% from the average daily volume of 878,796 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Up 30.8%

The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13. The company has a market cap of C$86.20 million, a PE ratio of -4.25 and a beta of 1.41. The stock has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.06.

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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