Ardea Resources (OTCMKTS:ARRRF) Trading Down 12.3% – Should You Sell?

Ardea Resources Limited ( OTCMKTS:ARRRF – Get Free Report )’s share price traded down 12.3% during mid-day trading on Friday . The company traded as low as $0.

19 and last traded at $0.19. 5,000 shares traded hands during trading, a decline of 52% from the average session volume of 10,500 shares.



The stock had previously closed at $0.22. Ardea Resources Trading Down 12.

3 % The stock’s 50-day simple moving average is $0.23 and its 200-day simple moving average is $0.27.

Ardea Resources Company Profile ( Get Free Report ) 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.

Featured 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 ..