Abcourt Mines (CVE:ABI) Trading Up 33.3% – Should You Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 33.3% on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 2,707,740 shares were traded during mid-day trading, an increase of 717% from the average daily volume of 331,439 shares. The stock had previously closed at C$0.05.

Abcourt Mines Stock Up 44.4 %

The firm’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a debt-to-equity ratio of 24.38, a quick ratio of 0.44 and a current ratio of 0.40. The company has a market capitalization of C$45.22 million, a price-to-earnings ratio of -0.90 and a beta of 1.57.

Abcourt Mines (CVE:ABIGet Free Report) last issued its earnings results on Tuesday, October 22nd. The company reported C($0.01) EPS for the quarter.

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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