Francois Joseph Pierre Marie Mestrallet Buys 1,000,000 Shares of Abcourt Mines Inc. (CVE:ABI) Stock

Abcourt Mines Inc. (CVE:ABI) Director Francois Joseph Pierre Marie Mestrallet acquired 1,000,000 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average cost of C$0.05 per share, with a total value of C$50,000.00.

Abcourt Mines Trading Down 9.1 %

Shares of ABI opened at C$0.05 on Friday. Abcourt Mines Inc. has a 12-month low of C$0.04 and a 12-month high of C$0.07. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of -32.13. The firm has a market capitalization of C$39.97 million, a price-to-earnings ratio of -3.04 and a beta of 1.57. The stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05.

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.