Free Trial

Abcourt Mines (CVE:ABI) Trading 66.7% Higher - Still a Buy?

Abcourt Mines logo with Basic Materials background

Key Points

  • Abcourt Mines Inc. (CVE:ABI) shares surged by 66.7% on Saturday, reaching a trading price of C$0.08, significantly higher than its previous close of C$0.05.
  • During mid-day trading, approximately 8.8 million shares exchanged hands, an increase of 1,957% compared to the average daily trading volume.
  • The company specializes in the exploration and exploitation of gold mining properties in Canada and has a market capitalization of C$59.96 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) rose 66.7% during mid-day trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 8,814,002 shares changed hands during mid-day trading, an increase of 1,957% from the average daily volume of 428,392 shares. The stock had previously closed at C$0.05.

Abcourt Mines Price Performance

The firm has a market capitalization of C$59.96 million, a price-to-earnings ratio of -4.56 and a beta of 1.57. The stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.

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.

Featured Stories

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

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

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

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines