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Abcourt Mines shares surged 30.8% amid heavy trading, with no clear reason given.
Abcourt Mines (CVE:ABI) shares jumped 30.8% to C$0.09 on Friday, reaching a session high and closing above its previous close of C$0.07, with trading volume soaring to 4.4 million shares—403% above average.
The stock's 50-day and 200-day moving averages stood at C$0.08 and C$0.06, respectively, indicating upward momentum.
The company, based in Rouyn-Noranda, Canada, focuses on gold, silver, and zinc exploration.
Financial metrics include a negative price-to-earnings ratio of -4.25, a debt-to-equity ratio of -32.13, and a beta of 1.41, signaling high volatility.
No specific reason for the price surge was provided.
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Las acciones de Abcourt Mines subieron un 30,8% en medio de una intensa negociación, sin una clara razón dada.