Abcourt Mines (CVE:ABI) Shares Up 7.7% – Still a Buy?

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

Abcourt Mines Stock Performance

The company has a debt-to-equity ratio of -1,554.82, a quick ratio of 0.44 and a current ratio of 3.08. The stock has a market cap of C$83.53 million, a PE ratio of -2.33 and a beta of 2.20. The firm’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.09.

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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