Shares of Iluka Resources Limited (OTCMKTS:ILKAF – Get Free Report) fell 4.7% during mid-day trading on Tuesday . The stock traded as low as $5.5201 and last traded at $5.8850. 3,268 shares traded hands during trading, a decline of 78% from the average session volume of 14,935 shares. The stock had previously closed at $6.1750.
Iluka Resources Price Performance
The stock has a fifty day moving average of $4.94 and a two-hundred day moving average of $4.43.
Iluka Resources Company Profile
Iluka Resources is a leading global mineral sands company headquartered in Perth, Western Australia. The company specialises in the exploration, mining, processing and marketing of heavy mineral products, primarily ilmenite, rutile and zircon. These commodities are critical feedstocks for the manufacture of titanium dioxide pigments, ceramic tiles, welding rod coatings and various other industrial applications. Iluka also produces synthetic rutile and is involved in the recovery of rare earth elements as part of its resource development strategy.
Iluka’s operations are predominantly located in Australia, with large-scale mineral sands projects in South and Western Australia, including the Jacinth-Ambrosia and Eneabba deposits.
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