Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report)’s stock price dropped 12.3% during trading on Friday . The stock traded as low as $0.19 and last traded at $0.19. Approximately 5,000 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 10,500 shares. The stock had previously closed at $0.22.
Ardea Resources Trading Down 12.3 %
The company has a fifty day simple moving average of $0.23 and a 200-day simple moving average of $0.27.
Ardea Resources Company Profile
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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