Iluka Resources (OTCMKTS:ILKAF) Shares Up 15.7% – Here’s Why

Shares of Iluka Resources Limited (OTCMKTS:ILKAFGet Free Report) shot up 15.7% during mid-day trading on Monday . The company traded as high as $2.66 and last traded at $2.66. 22,818 shares changed hands during mid-day trading, an increase of 578% from the average session volume of 3,366 shares. The stock had previously closed at $2.30.

Iluka Resources Stock Down 2.3 %

The business’s 50 day simple moving average is $3.04 and its 200-day simple moving average is $3.46.

Iluka Resources Company Profile

(Get Free Report)

Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. It operates through Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin segments.

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