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Abcourt Mines (CVE:ABI) Stock Price Up 55.6% - Here's Why

Abcourt Mines logo with Basic Materials background

Key Points

  • Abcourt Mines Inc.'s stock price surged 55.6% on Friday, reaching a trading high of C$0.07, significantly above its previous close of C$0.05.
  • The trading volume increased dramatically to 6,273,429 shares, representing a 1,427% rise from its average session volume.
  • Abcourt Mines specializes in the acquisition and exploration of gold, silver, and zinc mining properties in Canada, and has a market capitalization of approximately C$63.95 million.
  • Looking to export and analyze Abcourt Mines data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Abcourt Mines Inc. (CVE:ABI - Get Free Report)'s stock price was up 55.6% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 6,273,429 shares traded hands during trading, an increase of 1,427% from the average daily volume of 410,753 shares. The stock had previously closed at C$0.05.

Abcourt Mines Stock Down 13.3%

The firm's fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The company has a market capitalization of C$51.96 million, a price-to-earnings ratio of -3.95 and a beta of 1.57. The company has a debt-to-equity ratio of -32.13, a current ratio of 0.67 and a quick ratio of 0.44.

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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