Abcourt Mines Inc. (CVE:ABI) Director Buys C$14,000.00 in Stock

Abcourt Mines Inc. (CVE:ABI – Get Rating) Director Francois Joseph Pierre Marie Mestrallet bought 200,000 shares of the stock in a transaction dated Tuesday, January 10th. The shares were acquired at an average price of C$0.07 per share, for a total transaction of C$14,000.00. Following the completion of the transaction, the director now owns 10,800,000 shares of the company’s stock, valued at approximately C$756,000.

Abcourt Mines Stock Performance

Shares of ABI opened at C$0.08 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 28.75. The firm has a market cap of C$26.16 million and a PE ratio of -37.50. The company’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. Abcourt Mines Inc. has a 12-month low of C$0.04 and a 12-month high of C$0.10.

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.