Aldebaran Resources (OTCMKTS:ADBRF) Trading Up 5.7% – What’s Next?

Shares of Aldebaran Resources Inc. (OTCMKTS:ADBRFGet Free Report) were up 5.7% during trading on Wednesday . The stock traded as high as $1.80 and last traded at $1.7120. Approximately 77,668 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 63,931 shares. The stock had previously closed at $1.62.

Aldebaran Resources Stock Up 5.7%

The firm’s 50 day simple moving average is $2.05 and its 200 day simple moving average is $2.33.

About Aldebaran Resources

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Aldebaran Resources Inc (OTCMKTS:ADBRF) is a mineral exploration company focused on the acquisition, exploration and development of copper–gold porphyry projects in the Americas. Incorporated in Vancouver, Canada, the company targets large-scale, bulk-tonnage deposits and seeks to leverage the growing demand for copper and gold driven by the global transition to low-carbon technologies.

The company’s flagship asset is the Rio Grande property in southwestern Ecuador, where it holds a 100% interest in concessions covering approximately 315 square kilometres in the prolific Andean copper–gold belt.

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