Cryptocurrency

Asia Broadband (AABB) Stock Breakout Alert: What to do Now?

In recent days, the Asia Broadband Inc (OTCMKTS:AABB) stock may have come into focus due to its work in the crypto space, but it should not be forgotten that the company’s main business is in precious metals like gold.

Yesterday the company announced that the assay results in relation to a gold mine property that it is looking to acquire have been positive. The gold mining property is located in the Acaponeta region in Nayarit, Mexico.  It is a high grade target for Asia Broadband and is located not too far from the town El Carrizo.

The announcement was welcomed wholeheartedly by the market and on Tuesday, the stock soared by as much as 10%. That took its gains over the course of the 10 trading sessions to as much as 60%. It is now going to be interesting to see if the stock gets further tracking over the course of the coming days.