Pilbara Minerals Limited (OTCMKTS:PILBF – Get Free Report) fell 2.2% during mid-day trading on Tuesday . The company traded as low as $4.04 and last traded at $4.20. 24,463 shares changed hands during trading, a decline of 54% from the average session volume of 52,666 shares. The stock had previously closed at $4.2950.
Pilbara Minerals Stock Performance
The stock has a fifty day simple moving average of $3.82 and a 200-day simple moving average of $3.21.
Pilbara Minerals Company Profile
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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