Iluka Resources (OTCMKTS:ILKAF) Shares Climb 7.4% – Here’s What Happened

Iluka Resources Limited (OTCMKTS:ILKAF – Get Free Report)’s share price traded up 7.4% during trading on Wednesday. The stock traded as high as $3.76 and last traded at $3.76. 22,015 shares changed hands during mid-day trading, an increase of 139% from the average session volume of 9,211 shares. The stock had previously closed at $3.50.

Iluka Resources Stock Performance

The company has a 50-day moving average of $4.59 and a two-hundred day moving average of $4.92.

About Iluka Resources

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Iluka Resources Limited is an Australian mineral sands company headquartered in Perth, Western Australia. The company explores, develops, mines and processes mineral sands deposits, producing zircon and titanium dioxide products, including rutile, synthetic rutile and ilmenite. These materials are used in ceramics, pigments, welding products and other industrial applications.

Iluka operates primarily in Australia, with mineral sands assets and facilities in Western Australia, South Australia and Victoria.

Further Reading

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