Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report) fell 3.4% during mid-day trading on Friday. The stock traded as low as $0.28 and last traded at $0.28. 8,000 shares traded hands during trading, an increase of 41% from the average session volume of 5,657 shares. The stock had previously closed at $0.29.
Ardea Resources Price Performance
The business’s 50 day moving average is $0.31 and its 200-day moving average is $0.36.
About Ardea Resources
Ardea Resources Limited is an Australian mineral exploration and development company focused on nickel, cobalt and scandium. The company’s principal asset is the Kalgoorlie Nickel Project in Western Australia, a large-scale project centered on the Goongarrie Hub and other deposits in the Kalgoorlie region.
Ardea is advancing the Kalgoorlie Nickel Project through exploration, resource evaluation, feasibility studies and project development activities. The project is intended to support the potential production of nickel and cobalt products, with scandium and other associated minerals also representing possible by-products.
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