Abcourt Mines (CVE:ABI) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Abcourt Mines Inc. (CVE:ABIGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.11 and traded as high as C$0.12. Abcourt Mines shares last traded at C$0.12, with a volume of 7,620,917 shares trading hands.

Abcourt Mines Stock Performance

The stock’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.09. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13. The stock has a market cap of C$137.02 million, a price-to-earnings ratio of -3.83 and a beta of 1.91.

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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