Free Trial

Abcourt Mines (CVE:ABI) Sets New 12-Month High - Here's What Happened

Abcourt Mines logo with Basic Materials background

Key Points

  • Abcourt Mines Inc. (CVE:ABI) reached a new 52-week high, trading at C$0.08 with a volume of 258,438 shares.
  • The company has a debt-to-equity ratio of -32.13 and a market capitalization of C$80.93 million.
  • Abcourt Mines focuses on the acquisition and exploration of gold mining properties in Canada, and was incorporated in 1971.
  • Five stocks we like better than Abcourt Mines.

Shares of Abcourt Mines Inc. (CVE:ABI - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 258438 shares. The stock had previously closed at C$0.08.

Abcourt Mines Price Performance

The firm has a market capitalization of C$75.88 million, a P/E ratio of -7.50 and a beta of 1.06. 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 company has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05.

Abcourt Mines Company Profile

(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.

See Also

Should You Invest $1,000 in Abcourt Mines Right Now?

Before you consider Abcourt Mines, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Abcourt Mines wasn't on the list.

While Abcourt Mines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.