AbraSilver Resource (OTC:ABBRF) Trading 0.2% Higher – Should You Buy?

AbraSilver Resource Corp. (OTC:ABBRFGet Free Report)’s share price traded up 0.2% during trading on Thursday . The company traded as high as $4.95 and last traded at $4.81. 394,642 shares traded hands during trading, an increase of 105% from the average session volume of 192,044 shares. The stock had previously closed at $4.80.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Raymond James Financial restated an “outperform” rating on shares of AbraSilver Resource in a research note on Wednesday, July 30th. National Bankshares restated an “outperform” rating on shares of AbraSilver Resource in a research note on Tuesday, June 24th. Finally, Scotiabank restated an “outperform” rating on shares of AbraSilver Resource in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

View Our Latest Stock Analysis on AbraSilver Resource

AbraSilver Resource Stock Up 0.2%

The company’s 50 day moving average is $4.59 and its 200-day moving average is $3.56.

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.

Further Reading

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