Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Iluka Resources Limited ( (AU:ILU) ) just unveiled an update.
Iluka Resources Limited has announced the issuance and conversion of unquoted equity securities, with a total of 329,589 ordinary fully paid shares being issued. This move reflects the company’s ongoing efforts to manage its capital structure and potentially enhance its market positioning, impacting stakeholders by possibly increasing shareholder value and liquidity.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$8.60 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Iluka Resources Limited operates in the mining industry, focusing on the exploration and production of mineral sands. The company is known for its production of zircon and titanium dioxide products, which are essential components in various industrial applications.
YTD Price Performance: 50.59%
Average Trading Volume: 5,452,528
Technical Sentiment Signal: Buy
Current Market Cap: A$3.22B
For a thorough assessment of ILU stock, go to TipRanks’ Stock Analysis page.