AbraSilver Resource Corp. (OTC:ABBRF – Get Rating) shares were up 3.1% on Friday . The company traded as high as $0.28 and last traded at $0.28. Approximately 445,330 shares traded hands during trading, an increase of 14% from the average daily volume of 391,870 shares. The stock had previously closed at $0.28.
Analysts Set New Price Targets
Separately, National Bank Financial lowered their target price on shares of AbraSilver Resource from C$0.60 to C$0.55 in a report on Wednesday, December 7th.
Get AbraSilver Resource alerts:AbraSilver Resource Stock Up 3.1 %
The firm's fifty day moving average is $0.23 and its 200-day moving average is $0.26.
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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