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

Key Points

• Abcourt Mines Inc. (CVE:ABI) reached a new 52-week high of C$0.10 during trading, reflecting a significant 17.6% increase in stock price.
• The company's market capitalization stands at C$101.17 million, with a current PE ratio of -10.00 and notable debt-to-equity ratio of -32.13.
• Abcourt Mines is involved in the exploration and exploitation of gold properties in Canada, also focusing on silver and zinc deposits.

Abcourt Mines Inc. (CVE:ABI - )'s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 2809901 shares trading hands. The stock had previously closed at C$0.09.

Abcourt Mines Trading Up 17.6%

The business has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13. The firm has a market capitalization of C$101.17 million, a PE ratio of -10.00 and a beta of 1.06.

About Abcourt Mines

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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