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Abcourt Mines (CVE:ABI) Sets New 1-Year High - What's Next?

Abcourt Mines logo with Basic Materials background

Key Points

  • Abcourt Mines Inc. shares hit a new 52-week high of C$0.08 on Tuesday, with a trading volume of 675,757 shares.
  • The company has a market cap of C$59.96 million and a PE ratio of -4.56, indicating negative earnings performance.
  • Abcourt Mines is engaged in the acquisition and exploration of gold, silver, and zinc mining properties in Canada.
  • Interested in Abcourt Mines? Here are five stocks we like better.

Abcourt Mines Inc. (CVE:ABI - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 675757 shares trading hands. The stock had previously closed at C$0.08.

Abcourt Mines Price Performance

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 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The firm has a market capitalization of C$63.95 million, a P/E ratio of -4.86 and a beta of 1.57.

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.

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