Ardea Resources Limited (OTCMKTS:ARRRF – Get Free Report) was the recipient of a large increase in short interest in the month of 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 trading volume of 1,727 shares, the days-to-cover ratio is currently 0.6 days.
Ardea Resources Stock Performance
Shares of OTCMKTS:ARRRF opened at $0.27 on Wednesday. Ardea Resources has a 12-month low of $0.22 and a 12-month high of $0.56. The business has a 50 day moving average of $0.42 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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