Abcourt Mines (CVE:ABI) Trading 7.7% Higher – Time to Buy?

Shares of Abcourt Mines Inc. (CVE:ABIGet Free Report) were up 7.7% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 101,000 shares traded hands during trading, a decline of 91% from the average session volume of 1,115,867 shares. The stock had previously closed at C$0.07.

Abcourt Mines Trading Up 7.7%

The company has a current ratio of 3.08, a quick ratio of 0.44 and a debt-to-equity ratio of -1,554.82. The company’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.09. The firm has a market capitalization of C$83.53 million, a P/E ratio of -2.33 and a beta of 2.20.

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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