Insider Buying: Abcourt Mines Inc. (CVE:ABI) Director Acquires 309,000 Shares of Stock

Abcourt Mines Inc. (CVE:ABI - Get Free Report) Director Pascal Hamelin bought 309,000 shares of the business's stock in a transaction on Thursday, April 11th. The stock was purchased at an average cost of C$0.05 per share, for a total transaction of C$13,905.00.

Abcourt Mines Stock Performance

CVE:ABI opened at C$0.05 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.35 and a debt-to-equity ratio of 24.38. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$23.56 million, a price-to-earnings ratio of -1.50 and a beta of 1.40. Abcourt Mines Inc. has a 52 week low of C$0.03 and a 52 week high of C$0.08.

Abcourt Mines (CVE:ABI - Get Free Report) last released its quarterly earnings data on Tuesday, February 27th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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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