Shares of Pilbara Minerals Limited (OTCMKTS:PILBF – Get Free Report) shot up 0.6% on Friday . The stock traded as high as $3.30 and last traded at $3.27. 11,665 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 100,342 shares. The stock had previously closed at $3.25.
Pilbara Minerals Trading Up 0.6%
The company’s fifty day simple moving average is $2.62 and its 200-day simple moving average is $1.83.
About Pilbara Minerals
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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