AbraSilver Resource (OTCMKTS:ABBRF) Trading Up 1.2% – Time to Buy?

Shares of AbraSilver Resource Corp. (OTCMKTS:ABBRFGet Free Report) traded up 1.2% on Friday . The stock traded as high as $11.75 and last traded at $11.5820. 134,080 shares were traded during trading, a decline of 39% from the average session volume of 218,649 shares. The stock had previously closed at $11.4405.

Wall Street Analyst Weigh In

Separately, Scotiabank restated an “outperform” rating on shares of AbraSilver Resource in a research note on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Report on ABBRF

AbraSilver Resource Stock Performance

The stock’s 50 day moving average is $10.48 and its 200 day moving average is $10.75.

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. It also has an option agreement to acquire a 100% interest in the La Coipita project in San Juan province, Argentina. The company was formerly known as AbraPlata Resource Corp. and changed its name to AbraSilver Resource Corp.

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