Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 33,519 shares, a drop of 44.2% from the September 15th total of 60,104 shares. Based on an average daily trading volume, of 59,546 shares, the short-interest ratio is presently 0.6 days.
Aldebaran Resources Trading Down 3.1%
Shares of ADBRF stock opened at $2.28 on Friday. Aldebaran Resources has a 1-year low of $1.41 and a 1-year high of $3.03. The stock’s fifty day simple moving average is $2.20 and its 200-day simple moving average is $2.05.
About Aldebaran Resources
Aldebaran Resources Inc is a mineral exploration and development company focused on advancing copper and gold projects in Argentina. The company’s primary asset is the Altar copper-gold project in San Juan Province, an advanced-stage porphyry deposit that also contains silver. Aldebaran is evaluating the project’s resource potential and development options.
The company also owns or holds interests in the Rio Grande copper-gold project in Salta Province, Argentina. Rio Grande is an earlier-stage exploration property where Aldebaran conducts geological studies, drilling and other activities intended to assess its mineralization and development potential.
Aldebaran was established in 2018 following a spinout from Regulus Resources.
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