Abcourt Mines (CVE:ABI) Hits New 12-Month High – Time to Buy?

Abcourt Mines Inc. (CVE:ABIGet Free Report)’s share price reached 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 471296 shares trading hands. The stock had previously closed at C$0.06.

Abcourt Mines Stock Performance

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 price-to-earnings ratio of -1.30 and a beta of 1.57. The firm’s fifty day moving average price is C$0.05 and its 200 day moving average price is 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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