Iluka Resources Limited (ASX:ILU) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $8.61. Iluka Resources shares last traded at $8.53, with a volume of 2,482,318 shares trading hands.
The company has a market cap of $3.60 billion and a price-to-earnings ratio of 11.88. The company has a quick ratio of 0.53, a current ratio of 1.50 and a debt-to-equity ratio of 4.46. The business’s 50 day simple moving average is A$10.08.
About Iluka Resources (ASX:ILU)
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. The company operates through Australia, Sierra Rutile, United States, and Mining Area C segments. It produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as activated carbon and iron concentrate products.
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