Aclara Resources (OTC:ARAAF) Stock Price Up 0.9% – Here’s What Happened

Aclara Resources Inc. (OTC:ARAAF)’s share price traded up 0.9% during trading on Wednesday . The stock traded as high as $2.27 and last traded at $2.21. 97,563 shares changed hands during trading, a decline of 50% from the average session volume of 194,549 shares. The stock had previously closed at $2.19.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Aclara Resources in a report on Friday, November 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Aclara Resources currently has an average rating of “Hold”.

Aclara Resources Stock Performance

The firm has a 50-day moving average price of $2.19 and a 200-day moving average price of $1.87.

About Aclara Resources

Aclara Resources Inc, a mining company, engages in the exploration and development of rare-earth mineral resources in Chile. It has interests in the Penco Module property covering an area of 253,285 ha of mining rights comprising 28 exploitation concessions and 866 exploration concessions located in the Maule, Ñuble, Biobío, and Araucanía regions of Chile. The company holds 100% interests in the Carina Module mining rights comprises 8,490 hectares of mining rights located in the State of Goiás in central Brazil.