Aldebaran Resources (OTCMKTS:ADBRF) Stock Falls 5.7% – Here’s What Happened

Shares of Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) fell 5.7% during mid-day trading on Thursday. The company traded as low as $1.8850 and last traded at $2.0650. Approximately 92,111 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 58,002 shares. The stock had previously closed at $2.19.

Aldebaran Resources Stock Performance

The stock has a 50-day moving average of $2.22 and a 200 day moving average of $2.11.

Aldebaran Resources Company Profile

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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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