Shares of Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report) fell 10.8% during mid-day trading on Wednesday . The company traded as low as $0.2897 and last traded at $0.2897. 1,500 shares changed hands during trading, a decline of 73% from the average session volume of 5,635 shares. The stock had previously closed at $0.3248.
Ardea Resources Trading Down 10.8%
The firm has a fifty day moving average price of $0.31 and a 200 day moving average price of $0.38.
About Ardea Resources
Ardea Resources (OTCMKTS: ARRRF) is an Australian mineral exploration and development company focused on critical minerals essential to the global transition to clean energy. The company’s flagship asset is the Kalgoorlie Nickel Project (KNP) in Western Australia’s Eastern Goldfields region, where extensive drilling has defined one of Australia’s largest nickel–cobalt–scandium resources. Ardea’s technical work is aimed at advancing KNP through definitive feasibility and environmental approvals to support future mine development.
In addition to the KNP, Ardea holds a portfolio of tenements targeting nickel, cobalt, scandium, rare earth elements and gold across Western Australia.
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