Aldebaran Resources (OTCMKTS:ADBRF) Trading Down 8.2% – Time to Sell?

Shares of Aldebaran Resources Inc. (OTCMKTS:ADBRFGet Free Report) fell 8.2% during trading on Friday . The stock traded as low as $2.40 and last traded at $2.51. 147,559 shares were traded during mid-day trading, an increase of 115% from the average session volume of 68,478 shares. The stock had previously closed at $2.7332.

Aldebaran Resources Trading Down 8.2%

The business has a fifty day moving average price of $2.65 and a 200 day moving average price of $2.24.

Aldebaran Resources Company Profile

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Aldebaran Resources Inc (OTCMKTS:ADBRF) is a mineral exploration company focused on the acquisition, exploration and development of copper–gold porphyry projects in the Americas. Incorporated in Vancouver, Canada, the company targets large-scale, bulk-tonnage deposits and seeks to leverage the growing demand for copper and gold driven by the global transition to low-carbon technologies.

The company’s flagship asset is the Rio Grande property in southwestern Ecuador, where it holds a 100% interest in concessions covering approximately 315 square kilometres in the prolific Andean copper–gold belt.

Further Reading

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