Pilbara Minerals Limited (OTCMKTS:PILBF – Get Free Report)’s share price dropped 0.5% on Tuesday . The company traded as low as $3.4750 and last traded at $3.4750. 19,540 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 48,576 shares. The stock had previously closed at $3.4932.
Pilbara Minerals Price Performance
The company has a 50-day simple moving average of $4.23 and a 200-day simple moving average of $3.59.
About Pilbara Minerals
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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