AbraSilver Resource (OTC:ABBRF) Stock Price Up 2.9% – Here’s What Happened

AbraSilver Resource Corp. (OTC:ABBRFGet Free Report)’s stock price shot up 2.9% on Monday . The stock traded as high as $7.1750 and last traded at $6.97. 377,761 shares were traded during trading, an increase of 97% from the average session volume of 191,291 shares. The stock had previously closed at $6.7730.

Analysts Set New Price Targets

ABBRF has been the subject of a number of research reports. National Bankshares restated an “outperform” rating on shares of AbraSilver Resource in a research report on Thursday, October 23rd. Scotiabank reissued an “outperform” rating on shares of AbraSilver Resource in a research report on Thursday, October 23rd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Get Our Latest Stock Analysis on AbraSilver Resource

AbraSilver Resource Price Performance

The firm has a 50-day simple moving average of $5.11 and a two-hundred day simple moving average of $4.30.

AbraSilver Resource Company Profile

(Get Free Report)

AbraSilver Resource Corp. operates as an exploration company in Argentina, Chile, and Canada. It primarily explores for silver, gold, and copper. It holds interest in the Diablillos property located in the Salta province of northwestern Argentina; and the Aguas Perdidas project located in Chubut Province, Argentina.

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