Aldebaran Resources Inc. (OTCMKTS:ADBRF – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 33,519 shares, a drop of 44.2% from the September 15th total of 60,104 shares. Based on an average daily volume of 59,546 shares, the days-to-cover ratio is presently 0.6 days.
Aldebaran Resources Stock Down 1.5%
OTCMKTS ADBRF opened at $2.35 on Friday. Aldebaran Resources has a 1-year low of $1.41 and a 1-year high of $3.03. The business’s 50-day simple moving average is $2.20 and its 200-day simple moving average is $2.04.
About Aldebaran Resources
Aldebaran Resources Inc is a mineral exploration and development company focused on advancing copper and gold projects in Argentina. Its primary asset is the Altar copper-gold project in San Juan Province, a large-scale exploration property in the Andes.
The company is also advancing the Rio Grande copper-gold project in Salta Province. Aldebaran’s activities include geological exploration, drilling, resource evaluation, and technical studies intended to assess the potential for future mine development.
Aldebaran’s projects are located in established mining regions of Argentina, where the company is working to define and expand mineral resources.
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