Tharisa (OTCMKTS:TIHRF) Stock Price Down 1.5% – Time to Sell?

Tharisa plc (OTCMKTS:TIHRF)’s share price was down 1.5% during trading on Thursday . The stock traded as low as $1.97 and last traded at $1.97. Approximately 507 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 4,301 shares. The stock had previously closed at $2.00.

Tharisa Trading Down 1.5%

The company has a 50-day moving average of $1.60 and a 200-day moving average of $1.25.

About Tharisa

Tharisa PLC is a mining company primarily engaged in the extraction, processing and sale of platinum group metals (PGMs) and chromite concentrates. Headquartered in London and listed on the OTC Markets under the symbol TIHRF, the company’s core asset is the Tharisa Mine, located on the Bushveld Complex in Rustenburg, South Africa. Through its integrated mining and processing operations, Tharisa produces a mixed PGM concentrate containing platinum, palladium, rhodium and other minor PGMs, alongside a high-grade chromite concentrate.

Commissioned in 2013, the Tharisa Mine benefits from proximity to major road and rail networks, enabling supply to a global customer base.