Abcourt Mines Inc. (CVE:ABI – Get Free Report) shares passed above its 50 day moving average during trading on Thursday . 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 120,000 shares traded.
Abcourt Mines Trading Up 10.0 %
The firm has a market cap of C$43.97 million, a price-to-earnings ratio of -3.34 and a beta of 1.57. The firm’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of -32.13.
Insider Activity
In related news, Director Francois Joseph Pierre Marie Mestrallet bought 1,000,000 shares of the company’s stock in a transaction dated Thursday, March 20th. The shares were bought at an average price of C$0.05 per share, for a total transaction of C$50,000.00. Corporate insiders own 46.44% of the company’s stock.
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.
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