Abcourt Mines (CVE:ABI) Trading 12.5% Higher

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price was up 12.5% on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 160,000 shares changed hands during trading, a decline of 55% from the average daily volume of 353,948 shares. The stock had previously closed at C$0.04.

Abcourt Mines Stock Performance

The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. The company has a debt-to-equity ratio of 24.38, a current ratio of 0.35 and a quick ratio of 0.44. The company has a market capitalization of C$24.73 million, a price-to-earnings ratio of -1.33 and a beta of 1.42.

Abcourt Mines (CVE:ABIGet Free Report) last posted its quarterly earnings results on Wednesday, May 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.01 million during 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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