Abcourt Mines (CVE:ABI) Shares Up 30.8% – Should You Buy?

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

Abcourt Mines Price Performance

The company has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.06. The firm has a market cap of C$86.20 million, a P/E ratio of -4.25 and a beta of 1.41. The company has a quick ratio of 0.44, a current ratio of 0.67 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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