Ardea Resources (OTCMKTS:ARRRF) Trading Down 3% – What’s Next?

Shares of Ardea Resources Limited (OTCMKTS:ARRRFGet Free Report) fell 3% on Wednesday . The stock traded as low as $0.23 and last traded at $0.23. 500 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 12,831 shares. The stock had previously closed at $0.23.

Ardea Resources Price Performance

The business has a 50 day simple moving average of $0.26 and a 200-day simple moving average of $0.25.

Ardea Resources Company Profile

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Ardea Resources Limited engages in the evaluation, exploration, and development of mineral properties in Australia. The company explores for nickel, cobalt, scandium, gold, PGEs, and copper deposits. It holds 100% interest in Kalgoorlie Nickel Project (KNP) located in the Kalgoorlie, Western Australia that comprises nickel, cobalt, and scandium laterite mineral resources, as well as and nickel sulphide and critical projects; the Kalpini Project is located in the City of Kalgoorlie-Boulder that covers approximately 121 square kilometers; and the Bardoc Tectonic Zone Gold Project, which has nickel sulphide prospects.

Further Reading

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