Pilbara Minerals (OTCMKTS:PILBF) Trading Down 2.3% – Here’s What Happened

Pilbara Minerals Limited (OTCMKTS:PILBFGet Free Report) was down 2.3% during mid-day trading on Friday . The company traded as low as $3.30 and last traded at $3.33. Approximately 9,347 shares changed hands during trading, a decline of 87% from the average daily volume of 72,849 shares. The stock had previously closed at $3.41.

Pilbara Minerals Price Performance

The stock’s 50-day moving average is $3.23 and its 200 day moving average is $2.49.

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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