Pilbara Minerals (OTCMKTS:PILBF) Trading Down 2.5% – Time to Sell?

Pilbara Minerals Limited (OTCMKTS:PILBFGet Free Report) shares were down 2.5% during trading on Wednesday . The company traded as low as $1.16 and last traded at $1.17. Approximately 10,456 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 31,312 shares. The stock had previously closed at $1.20.

Pilbara Minerals Price Performance

The business’s 50-day moving average price is $1.30 and its 200 day moving average price is $1.58.

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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