Pilbara Minerals (OTCMKTS:PILBF) Shares Down 1.1% – Here’s Why

Pilbara Minerals Limited (OTCMKTS:PILBFGet Free Report) shares dropped 1.1% during mid-day trading on Monday . The stock traded as low as $1.37 and last traded at $1.39. Approximately 38,720 shares were traded during trading, an increase of 56% from the average daily volume of 24,889 shares. The stock had previously closed at $1.41.

Pilbara Minerals Trading Down 1.1 %

The firm’s 50 day simple moving average is $1.42 and its 200-day simple moving average is $1.74.

About Pilbara Minerals

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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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