Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 1,000 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 1,727 shares, the days-to-cover ratio is currently 0.6 days.
Ardea Resources Stock Performance
OTCMKTS:ARRRF traded down $0.03 during trading hours on Thursday, hitting $0.26. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 5,716. Ardea Resources has a 52-week low of $0.22 and a 52-week high of $0.56. The stock has a fifty day moving average of $0.41 and a 200-day moving average of $0.43.
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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