Abcourt Mines (CVE:ABI) Reaches New 1-Year High – Should You Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07, with a volume of 323000 shares. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a current ratio of 0.40, a quick ratio of 0.44 and a debt-to-equity ratio of 24.38. The stock has a market capitalization of C$45.22 million, a PE ratio of -1.30 and a beta of 1.57.

Abcourt Mines Company Profile

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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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