Pilbara Minerals Limited (OTCMKTS:PILBF – Get Free Report) shares shot up 2.5% during mid-day trading on Thursday . The company traded as high as $2.07 and last traded at $2.07. 230,626 shares were traded during mid-day trading, an increase of 126% from the average session volume of 101,928 shares. The stock had previously closed at $2.02.
Pilbara Minerals Price Performance
The firm’s 50-day moving average is $1.93 and its 200-day moving average is $2.11.
About Pilbara Minerals
Pilbara Minerals Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. It primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.
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