Abcourt Mines (CVE:ABI) Trading 30.8% Higher – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price shot up 30.8% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 4,049,243 shares changed hands during trading, an increase of 362% from the average session volume of 876,661 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Performance

The company has a market cap of C$83.15 million, a P/E ratio of -4.10 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. The business has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average 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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