AbraSilver Resource Corp. (OTC:ABBRF – Get Rating) shares fell 1% during trading on Thursday . The stock traded as low as $0.20 and last traded at $0.20. 95,295 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 352,685 shares. The stock had previously closed at $0.20.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial decreased their target price on AbraSilver Resource from C$0.60 to C$0.55 in a research report on Wednesday, December 7th.
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The firm has a 50-day moving average price of $0.24 and a 200 day moving average price of $0.27.
AbraSilver Resource Company Profile
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AbraSilver Resource Corp. operates as a precious metals exploration company in Argentina, Chile, and Canada. It primarily explores for copper, gold, and silver ores. It holds 100% interests in the Diablillos property that covers an area of approximately 79 square kilometers located in the Salta province of northwestern Argentina; and the Aguas Perdidas property covering an area of 6,300 ha in Chubut Province, Argentina.
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