Ardea Resources (ASX:ARL) Stock Price Up 0.9%

Ardea Resources Limited (ASX:ARL)’s stock price rose 0.9% during trading on Friday . The company traded as high as A$0.57 ($0.40) and last traded at A$0.56 ($0.40), approximately 40,840 shares changed hands during mid-day trading. The stock had previously closed at A$0.56 ($0.39).

The business has a fifty day moving average of A$0.56. The stock has a market cap of $65.69 million and a PE ratio of -40.00.

In related news, insider Ian Buchhorn 400,000 shares of the stock in a transaction on Monday, December 2nd.

Ardea Resources Company Profile (ASX:ARL)

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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