Iluka Resources (OTCMKTS:ILKAY) Trading 6.9% Higher – Here’s Why

Iluka Resources Limited (OTCMKTS:ILKAYGet Free Report) shares shot up 6.9% during trading on Wednesday . The company traded as high as $18.8522 and last traded at $18.8522. 1,457 shares traded hands during trading, a decline of 66% from the average session volume of 4,257 shares. The stock had previously closed at $17.63.

Iluka Resources Stock Up 6.9%

The company has a 50-day simple moving average of $22.30 and a two-hundred day simple moving average of $19.20.

About Iluka Resources

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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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