JPMorgan Chase & Co. Downgrades Pilbara Minerals (OTCMKTS:PILBF) to Underweight

JPMorgan Chase & Co. cut shares of Pilbara Minerals (OTCMKTS:PILBF) from a neutral rating to an underweight rating in a research report report published on Tuesday, April 2nd, The Fly reports.

Shares of PILBF traded up $0.01 during mid-day trading on Tuesday, reaching $0.47. The company had a trading volume of 40,228 shares, compared to its average volume of 35,903. Pilbara Minerals has a twelve month low of $0.35 and a twelve month high of $0.82.

About Pilbara Minerals

Pilbara Minerals Limited engages in the exploration, evaluation, and development of mineral resources in Australia. The company focuses on the development of Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. Pilbara Minerals Limited is headquartered in West Perth, Australia.

Further Reading: What is the Rule of 72?

The Fly

Receive News & Ratings for Pilbara Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pilbara Minerals and related companies with's FREE daily email newsletter.