Could ABCOURT MINES INC CL-B F ORDINARY SHAR (OTCMKTS:ABMBF) Change Direction After More Shorts?

The stock of ABCOURT MINES INC CL-B F ORDINARY SHAR (OTCMKTS:ABMBF) registered an increase of 100.79% in short interest. ABMBF’s total short interest was 25,500 shares in July as published by FINRA. Its up 100.79% from 12,700 shares, reported previously. With 77,200 shares average volume, it will take short sellers 0 days to cover their ABMBF’s short positions.

The stock decreased 2.11% or $0.0012 during the last trading session, reaching $0.0558. About 34,000 shares traded. Abcourt Mines Inc. (OTCMKTS:ABMBF) has 0.00% since July 14, 2018 and is . It has underperformed by 4.43% the S&P500.

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold properties in Canada. The company has market cap of $15.77 million. It also explores for silver, copper, and zinc ores. It has a 7.97 P/E ratio. The firm holds a 100% interest in the Elder and Tagami gold properties located near Rouyn-Noranda; and the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute, Quebec.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.