Shares of Tharisa plc (OTCMKTS:TIHRF – Get Free Report) dropped 12.5% on Friday. The company traded as low as $1.40 and last traded at $1.40. 30,000 shares were traded during trading, an increase of 572% from the average session volume of 4,464 shares. The stock had previously closed at $1.60.
Tharisa Stock Performance
The business’s 50-day moving average price is $1.59 and its two-hundred day moving average price is $1.58.
Tharisa Company Profile
Tharisa plc is a diversified mining and metals company focused on the production and marketing of platinum group metals (PGMs) and chrome. The company operates the Tharisa Mine, an open-pit mine in South Africa’s North West province, where it extracts ore and processes it into chrome concentrates and PGM concentrates.
Tharisa’s activities extend across mining, mineral processing, logistics, and the sale of chrome and PGM products to international customers. Chrome is used primarily in stainless steel production, while PGMs are used in automotive catalytic converters, industrial applications, jewelry, and other technologies.
Further Reading
- Five stocks we like better than Tharisa
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Tharisa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tharisa and related companies with MarketBeat.com's FREE daily email newsletter.
