Francois Joseph Pierre Marie Mestrallet Purchases 1,000,000 Shares of Abcourt Mines Inc. (CVE:ABI) Stock

Abcourt Mines Inc. (CVE:ABI) Director Francois Joseph Pierre Marie Mestrallet acquired 1,000,000 shares of Abcourt Mines stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of C$0.05 per share, with a total value of C$50,000.00.

Abcourt Mines Stock Performance

Shares of ABI traded down C$0.01 during trading hours on Thursday, hitting C$0.05. The company had a trading volume of 1,633,000 shares, compared to its average volume of 263,023. The business has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.05. 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 cap of C$39.97 million, a price-to-earnings ratio of -3.04 and a beta of 1.57. Abcourt Mines Inc. has a 12 month low of C$0.04 and a 12 month high of C$0.07.

Abcourt Mines Company Profile

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.