Abcourt Mines (CVE:ABI) Shares Up 23.1% – What’s Next?

Abcourt Mines Inc. (CVE:ABIGet Free Report) rose 23.1% on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. Approximately 3,800,243 shares traded hands during trading, an increase of 334% from the average daily volume of 875,996 shares. The stock had previously closed at C$0.07.

Abcourt Mines Stock Up 23.1%

The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44. The company has a market cap of C$81.13 million, a P/E ratio of -4.00 and a beta of 1.41.

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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