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Abcourt Mines (CVE:ABI) Hits New 52-Week High - Here's What Happened

Abcourt Mines logo with Basic Materials background

Key Points

  • Abcourt Mines Inc. shares hit a new 52-week high, trading at C$0.08 with a volume of 358,025 shares on Monday.
  • The company has a market cap of C$63.95 million and a P/E ratio of -4.86, indicating a potential area of investor interest despite challenging earnings metrics.
  • Abcourt Mines is involved in the acquisition, exploration, and exploitation of gold mining properties in Canada, as well as exploring for silver and zinc deposits.
  • Need better tools to track Abcourt Mines? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Abcourt Mines Inc. (CVE:ABI - Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08, with a volume of 358025 shares trading hands. The stock had previously closed at C$0.08.

Abcourt Mines Stock Performance

The stock has a market cap of C$63.95 million, a P/E ratio of -4.86 and a beta of 1.57. The business has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13.

About Abcourt Mines

(Get Free Report)

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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