Abcourt Mines (CVE:ABI) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.06. Abcourt Mines shares last traded at C$0.06, with a volume of 488,250 shares trading hands.

Abcourt Mines Trading Up 10.0 %

The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The firm has a market capitalization of C$43.97 million, a price-to-earnings ratio of -3.34 and a beta of 1.57. The business has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.

About Abcourt Mines

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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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