Shares of Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) dropped 5.7% during mid-day trading on Thursday. The stock traded as low as $1.8850 and last traded at $2.0650. 92,111 shares traded hands during trading, an increase of 59% from the average session volume of 58,002 shares. The stock had previously closed at $2.19.
Aldebaran Resources Stock Performance
The business’s fifty day moving average price is $2.22 and its 200 day moving average price is $2.11.
Aldebaran Resources Company Profile
Aldebaran Resources Inc is a mineral exploration and development company focused on copper and gold projects in Argentina. The company’s activities include exploring its properties and assessing their potential for future development; it is not primarily a producer of metals.
Its flagship asset is the Altar copper-gold project in San Juan Province, in western Argentina. Aldebaran also has interests in other exploration properties in the country, including the Rio Grande copper-gold project.
Aldebaran was established in 2018 as a spinout from Regulus Resources to focus on the Altar project.
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