Iluka Resources Limited (ASX:ILU) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.32 and traded as high as $7.77. Iluka Resources shares last traded at $7.70, with a volume of 3,574,783 shares changing hands.
The stock has a market cap of $3.11 billion and a price-to-earnings ratio of 10.41. The stock has a fifty day simple moving average of A$9.02 and a 200-day simple moving average of A$9.32. The company has a current ratio of 2.28, a quick ratio of 0.75 and a debt-to-equity ratio of 19.02.
The firm also recently announced a Interim dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Wednesday, October 2nd will be issued a $0.05 dividend. This represents a yield of 0.66%. The ex-dividend date is Wednesday, September 4th. Iluka Resources’s dividend payout ratio (DPR) is currently 32.43%.
In other news, insider Robert (Bob) Cole acquired 4,000 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were bought at an average price of A$7.22 ($5.12) per share, with a total value of A$28,880.00 ($20,482.27). Also, insider Susan (Susie) Corlett acquired 5,588 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were purchased at an average cost of A$7.15 ($5.07) per share, for a total transaction of A$39,954.20 ($28,336.31).
Iluka Resources Company Profile (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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