1011 [Dow Jones] STOCK CALL: Iluka (ILU.AU) upgraded to Buy from Hold by Goldman Sachs JBWere, with price target boosted 29% to A$5.50 from A$4.25. Follows impact that BHP Billiton's (BHP.AU) change to shorter-term iron ore pricing mechanisms has on royalty contract Iluka has over BHP's Mining Area C in Pilbara. While adjustment only boosts Iluka's earnings forecast 1.9% in FY11, analyst also notes the recovery of Chinese zircon import volumes should lead to "increased sales and potentially higher prices in FY10, rather than FY11. Shares early up 1.6% at A$4.45. ([email protected])
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Last
$5.84 |
Change
0.150(2.64%) |
Mkt cap ! $2.513B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.88 | $5.62 | $8.766M | 1.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 16393 | $5.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.85 | 14762 | 34 |
View Market Depth
| Last trade - 12.37pm 15/09/2025 (20 minute delay) ? |
| ILU (ASX) Chart |