Iluka Resources Limited (OTCMKTS:ILKAY – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $20.53 and traded as low as $20.40. Iluka Resources shares last traded at $20.4695, with a volume of 1,482 shares traded.
Iluka Resources Price Performance
The stock has a 50-day moving average price of $20.53 and a two-hundred day moving average price of $23.21.
About Iluka Resources
Iluka Resources Limited is an Australian mineral sands company that explores, develops and operates mines and processing facilities. Its principal products include zircon and titanium dioxide feedstocks, such as synthetic rutile and ilmenite, which are used in ceramics, pigments, coatings, plastics and other industrial applications. The company’s operations and mineral resources are primarily located in Australia, with a history of international activities in mineral sands. Iluka has also developed the Eneabba mineral sands deposit in Western Australia as a potential source of monazite, a mineral containing rare earth elements.
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