Pilbara Minerals (OTCMKTS:PILBF) Trading Down 1.8% – Here’s Why

Shares of Pilbara Minerals Limited (OTCMKTS:PILBFGet Free Report) were down 1.8% during trading on Tuesday . The stock traded as low as $3.10 and last traded at $3.29. 1,880 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 25,565 shares. The stock had previously closed at $3.35.

Pilbara Minerals Trading Down 1.8%

The stock’s 50-day moving average is $3.51 and its two-hundred day moving average is $3.62.

Pilbara Minerals Company Profile

(Get Free Report)

Pilbara Minerals (OTCMKTS:PILBF) is an Australia-based mining and exploration company focused on the development and production of lithium and tantalum resources. The company’s core activity centers on sustainable extraction of spodumene concentrate, a key feedstock for the global lithium-ion battery industry. Pilbara Minerals maintains its principal listing on the Australian Securities Exchange (ASX: PLS) and operates an American Depositary Receipt (ADR) program on the OTC Markets under the ticker PILBF.

The company’s flagship operation is the Pilgangoora Lithium-Tantalum Project, situated in the Pilbara region of Western Australia.

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