Abcourt Mines (CVE:ABI) Trading Up 11.1% – Still a Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price traded up 11.1% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 3,756,271 shares were traded during trading, an increase of 163% from the average session volume of 1,429,709 shares. The stock had previously closed at C$0.09.

Abcourt Mines Stock Performance

The company has a market capitalization of C$113.19 million, a P/E ratio of -3.17 and a beta of 1.91. 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 stock’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.09.

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.

Further Reading

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