Iluka Resources Limited (OTCMKTS:ILKAF – Get Free Report)’s share price was down 6.2% during mid-day trading on Wednesday. The stock traded as low as $4.35 and last traded at $4.43. 2,599 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 9,502 shares. The stock had previously closed at $4.7250.
Iluka Resources Stock Performance
The stock’s 50-day moving average is $4.67 and its 200-day moving average is $4.96.
About Iluka Resources
Iluka Resources Limited is an Australian mineral sands company that explores, develops and operates mineral sands deposits. Its primary products include zircon, rutile, synthetic rutile and ilmenite, which are used in ceramics, pigments, welding and other industrial applications. The company also markets processed mineral sands products to customers in global manufacturing markets.
Iluka’s operations and mineral resources are concentrated primarily in Australia, including the Jacinth-Ambrosia operation in South Australia and the Cataby operation in Western Australia.
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