Tharisa plc (OTCMKTS:TIHRF – Get Free Report)’s share price fell 12.5% during mid-day trading on Friday. The company traded as low as $1.40 and last traded at $1.40. 30,000 shares changed hands during mid-day trading, an increase of 572% from the average daily volume of 4,464 shares. The stock had previously closed at $1.60.
Tharisa Stock Performance
The firm’s 50-day moving average price is $1.59 and its 200 day moving average price is $1.58.
About Tharisa
Tharisa plc is a diversified mining and metals company focused on the production and marketing of platinum group metals (PGMs) and chrome. The company operates the Tharisa Mine, an open-pit mine in South Africa’s North West province, where it extracts ore and processes it into chrome concentrates and PGM concentrates.
Tharisa’s activities extend across mining, mineral processing, logistics, and the sale of chrome and PGM products to international customers. Chrome is used primarily in stainless steel production, while PGMs are used in automotive catalytic converters, industrial applications, jewelry, and other technologies.
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