Aldebaran Resources Inc. (OTCMKTS:ADBRF) Sees Significant Decrease in Short Interest

Aldebaran Resources Inc. (OTCMKTS:ADBRF) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 30,094 shares, a decline of 47.8% from the June 15th total of 57,605 shares. Based on an average daily volume of 89,646 shares, the days-to-cover ratio is presently 0.3 days.

Aldebaran Resources Stock Up 5.3%

Shares of ADBRF opened at $1.80 on Wednesday. The company has a 50 day moving average price of $2.01 and a 200-day moving average price of $2.15. Aldebaran Resources has a fifty-two week low of $1.41 and a fifty-two week high of $3.03.

Aldebaran Resources Company Profile

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.