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In a report released today, Dim Ariyasinghe from UBS maintained a Sell rating on Iluka Resources Limited (ILKAF – Research Report), with a price target of A$6.70. The company’s shares closed yesterday at $4.89.
According to TipRanks, Ariyasinghe is ranked #3505 out of 8675 analysts.
Iluka Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $5.33.
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The company has a one-year high of $8.40 and a one-year low of $4.18. Currently, Iluka Resources Limited has an average volume of 445.
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Iluka Resources Limited (ILKAF) Company Description:
Iluka Resources Ltd. engages in the exploration, development, mining, processing, marketing, and rehabilitation of mineral sands products. It operates through the following segments: Australia (AUS), Sierra Rutile (SRL), United States (US), and Mining Area C (MAC). The AUS segment comprises the mineral sands mining and processing operations in Victoria and Western Australia, South Australia. The SRL segment focuses on the mineral sands mining and processing operations in Sierra Leone. The US segment includes the rehabilitation obligations in both Virginia and Florida. The MAC segment relates to the iron ore royalty interest over certain mining tenements in Australia. The company was founded on July 24, 1954 and is headquartered in Perth, Australia.
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