Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report) shares dropped 11.5% on Tuesday . The company traded as low as $0.4250 and last traded at $0.4250. Approximately 500 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 5,904 shares. The stock had previously closed at $0.48.
Ardea Resources Price Performance
The business has a 50-day moving average price of $0.47 and a 200-day moving average price of $0.39.
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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