Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 71,915 shares, an increase of 139.0% from the June 30th total of 30,094 shares. Based on an average trading volume of 102,858 shares, the short-interest ratio is currently 0.7 days.
Aldebaran Resources Price Performance
Shares of OTCMKTS:ADBRF opened at $1.87 on Tuesday. Aldebaran Resources has a 1-year low of $1.41 and a 1-year high of $3.03. The business’s 50 day moving average is $1.97 and its 200-day moving average is $2.10.
About Aldebaran Resources
Aldebaran Resources Inc (OTCMKTS:ADBRF) is a mineral exploration company focused on the acquisition, exploration and development of copper–gold porphyry projects in the Americas. Incorporated in Vancouver, Canada, the company targets large-scale, bulk-tonnage deposits and seeks to leverage the growing demand for copper and gold driven by the global transition to low-carbon technologies.
The company’s flagship asset is the Rio Grande property in southwestern Ecuador, where it holds a 100% interest in concessions covering approximately 315 square kilometres in the prolific Andean copper–gold belt.
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