Ardea Resources (OTCMKTS:ARRRF) Trading Up 8.4% – Here’s Why

Ardea Resources Limited (OTCMKTS:ARRRFGet Free Report)’s share price was up 8.4% during trading on Tuesday . The stock traded as high as $0.4119 and last traded at $0.4119. Approximately 2,000 shares changed hands during trading, a decline of 90% from the average daily volume of 19,775 shares. The stock had previously closed at $0.38.

Ardea Resources Price Performance

The business’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.32.

About Ardea Resources

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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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