Abcourt Mines (CVE:ABI) Trading 13.3% Higher – Still a Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report) traded up 13.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 2,014,002 shares were traded during trading, an increase of 98% from the average daily volume of 1,016,352 shares. The stock had previously closed at C$0.07.

Abcourt Mines Price Performance

The business has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.09. 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 stock has a market capitalization of C$99.05 million, a PE ratio of -2.77 and a beta of 2.23.

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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