Ardea Resources Limited (OTCMKTS:ARRRF) Short Interest Update
by Doug Wharley · The Cerbat GemArdea Resources Limited (OTCMKTS:ARRRF – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 90 shares, a decrease of 91.7% from the April 15th total of 1,090 shares. Based on an average daily trading volume, of 10,265 shares, the days-to-cover ratio is presently 0.0 days.
Ardea Resources Price Performance
ARRRF stock remained flat at $0.50 on Monday. Ardea Resources has a 52 week low of $0.22 and a 52 week high of $0.56. The business has a 50 day moving average of $0.43 and a two-hundred day moving average of $0.42.
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.