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

Iluka Resources Limited (OTCMKTS:ILKAFGet Free Report) shot up 15.7% on Monday . The stock traded as high as $2.66 and last traded at $2.66. 22,818 shares were traded during 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 Performance

The company’s fifty day moving average price is $3.04 and its two-hundred day moving average price is $3.46.

Iluka Resources Company Profile

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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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