Abcourt Mines (CVE:ABI) Reaches New 1-Year High - Here's What Happened

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.

Abcourt Mines Inc. (CVE:ABI - )'s share price hit a new 52-week high on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08, with a volume of 258438 shares changing hands. The stock had previously closed at C$0.08.

Abcourt Mines Stock Performance

The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44. The company has a market cap of C$80.93 million, a P/E ratio of -8.00 and a beta of 1.06. The stock's 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.05.

Abcourt Mines Company Profile

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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