Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 92,515 shares, an increase of 54.4% from the July 30th total of 59,929 shares. Based on an average daily volume of 96,550 shares, the days-to-cover ratio is currently 1.0 days.
Aldebaran Resources Price Performance
Shares of ADBRF stock opened at $2.11 on Wednesday. Aldebaran Resources has a 1-year low of $1.41 and a 1-year high of $3.03. The stock has a 50-day moving average of $2.01 and a 200-day moving average of $2.01.
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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