Shares of Iluka Resources Limited (OTCMKTS:ILKAY – Get Free Report) were down 1.3% during trading on Thursday. The company traded as low as $18.00 and last traded at $18.00. 3,646 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 2,591 shares. The stock had previously closed at $18.23.
Iluka Resources Stock Performance
The business’s 50 day simple moving average is $22.11 and its 200-day simple moving average is $24.37.
Iluka Resources Company Profile
Iluka Resources Limited is an Australian mineral sands company that explores, develops and operates mineral sands deposits. Its principal products include zircon, a mineral used in ceramics and other industrial applications, as well as titanium dioxide feedstocks such as rutile, synthetic rutile and ilmenite, which are used in pigments, welding products and other manufacturing processes.
The company operates primarily in Australia and supplies customers in international markets. Iluka has historically maintained mineral sands operations in Western Australia, South Australia and Victoria, and has also held interests in overseas projects.
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