AbraSilver Resource (OTC:ABBRF) Trading Up 2.9% – Time to Buy?

AbraSilver Resource Corp. (OTC:ABBRFGet Free Report)’s stock price traded up 2.9% during trading on Monday . The stock traded as high as $7.1750 and last traded at $6.97. 377,761 shares changed hands during mid-day 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

A number of equities analysts have recently weighed in on ABBRF shares. Scotiabank restated an “outperform” rating on shares of AbraSilver Resource in a research note on Thursday, October 23rd. National Bankshares reaffirmed an “outperform” rating on shares of AbraSilver Resource in a research report on Thursday, October 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Check Out Our Latest Report on AbraSilver Resource

AbraSilver Resource Trading Up 2.9%

The firm has a fifty day simple moving average of $5.00 and a two-hundred day simple moving average of $4.24.

About AbraSilver Resource

(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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