Ardea Resources (OTCMKTS:ARRRF) Trading Up 3.4% – Still a Buy?

Shares of Ardea Resources Limited (OTCMKTS:ARRRFGet Free Report) shot up 3.4% during trading on Friday . The company traded as high as $0.21 and last traded at $0.21. 15,000 shares changed hands during trading, an increase of 79% from the average session volume of 8,364 shares. The stock had previously closed at $0.20.

Ardea Resources Stock Up 3.4 %

The business’s 50 day moving average price is $0.26 and its two-hundred day moving average price is $0.29.

Ardea Resources Company Profile

(Get Free Report)

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.

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