Aberdeen International (TSE:AAB) Reaches New 1-Year High at $0.09

Shares of Aberdeen International Inc. (TSE:AAB) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 1660534 shares trading hands. The stock had previously closed at C$0.07.

Aberdeen International Stock Performance

The company has a quick ratio of 22.09, a current ratio of 7.74 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of C$11.59 million, a price-to-earnings ratio of -0.67 and a beta of 1.90. The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.03.

Aberdeen International (TSE:AAB) last released its earnings results on Friday, April 26th. The company reported C($0.04) earnings per share (EPS) for the quarter. The business had revenue of C($5.01) million for the quarter.

Insiders Place Their Bets

In related news, insider Stan Bharti purchased 780,000 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The shares were bought at an average cost of C$0.05 per share, for a total transaction of C$39,000.00. Insiders have purchased 1,177,000 shares of company stock worth $56,135 in the last ninety days. Insiders own 13.25% of the company’s stock.

Aberdeen International Company Profile

Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.