AbraSilver Resource Corp. (OTCMKTS:ABBRF – Get Free Report) was down 0.7% during trading on Wednesday. The stock traded as low as $7.9440 and last traded at $8.20. 147,970 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 211,633 shares. The stock had previously closed at $8.26.
Analyst Upgrades and Downgrades
ABBRF has been the subject of a number of recent analyst reports. Scotiabank reissued an “outperform” rating on shares of AbraSilver Resource in a research report on Tuesday, July 14th. Cantor Fitzgerald assumed coverage on shares of AbraSilver Resource in a report on Thursday, October 15th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.
Check Out Our Latest Report on ABBRF
AbraSilver Resource Stock Down 9.0%
AbraSilver Resource Company Profile
AbraSilver Resource Corp. is a mineral exploration and development company focused on advancing silver and gold projects in Argentina. The company’s activities include exploration, resource evaluation, technical studies, and project development rather than the production and sale of minerals.
AbraSilver’s flagship asset is the Diablillos property in Salta Province, Argentina. The project is centered on silver-gold mineralization and includes the Oculto deposit, along with other exploration targets.
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