Ardea Resources (OTCMKTS:ARRRF) Stock Falls 3.4% – Should You Sell?

Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report)’s share price was down 3.4% during trading on Friday. The company traded as low as $0.28 and last traded at $0.28. 8,000 shares were traded during trading, an increase of 41% from the average daily volume of 5,657 shares. The stock had previously closed at $0.29.

Ardea Resources Trading Down 3.4%

The business has a 50-day moving average price of $0.31 and a two-hundred day moving average price of $0.36.

Ardea Resources Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Ardea Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ardea Resources and related companies with MarketBeat.com's FREE daily email newsletter.