AbraSilver Resource (OTC:ABBRF) Trading 3.3% Higher – Here’s What Happened

AbraSilver Resource Corp. (OTC:ABBRF) rose 3.3% on Monday . The stock traded as high as $4.43 and last traded at $4.37. Approximately 160,987 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 168,175 shares. The stock had previously closed at $4.23.

Wall Street Analysts Forecast Growth

ABBRF has been the topic of several analyst reports. National Bankshares restated an “outperform” rating on shares of AbraSilver Resource in a report on Tuesday, June 24th. Scotiabank restated an “outperform” rating on shares of AbraSilver Resource in a report on Wednesday, July 30th. Finally, Raymond James Financial restated an “outperform” rating on shares of AbraSilver Resource in a report on Wednesday, July 30th.

AbraSilver Resource Trading Up 3.3%

The firm has a fifty day simple moving average of $3.76 and a 200-day simple moving average of $2.78.

About AbraSilver Resource

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.