Ardea Resources (OTCMKTS:ARRRF) Trading Down 10.5% – Here’s What Happened

Ardea Resources Limited (OTCMKTS:ARRRFGet Free Report)’s share price was down 10.5% during trading on Tuesday . The company traded as low as $0.3174 and last traded at $0.3174. Approximately 340 shares were traded during trading, a decline of 98% from the average daily volume of 20,690 shares. The stock had previously closed at $0.3546.

Ardea Resources Stock Down 10.5%

The company’s 50 day moving average price is $0.36 and its 200 day moving average price is $0.31.

About Ardea Resources

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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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