Ardea Resources Ltd (OTCMKTS:ARRRF)’s stock price dropped 3.4% during trading on Wednesday . The company traded as low as $0.28 and last traded at $0.28, approximately 6,000 shares traded hands during mid-day trading. A decline of 67% from the average daily volume of 17,946 shares. The stock had previously closed at $0.29.
The stock’s 50 day moving average price is $0.36 and its two-hundred day moving average price is $0.38.
About Ardea Resources (OTCMKTS:ARRRF)
Ardea Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for cobalt, nickel, scandium, gold, zinc, silver, and lead deposits. Its principal projects include the Kalgoorlie nickel project located in Kalgoorlie, Western Australia; and the Lewis Ponds project located in the Lachlan Fold Belt of New South Wales.
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