Pearl Moonstone #2 is a light-medium gray with cool, purplish undertones and a matte finish. It had semi-sheer coverage that built up to medium (bare skin) to semi-opaque coverage (over primer), though there was a fair amount of fallout to accomplish that. The texture was soft and finely-milled but somewhat powdery and more prone to sheering out. I found that this shade was the better blending out of the six in the palette. This shade wore decently for seven hours before fading noticeably.
FURTHER READING: Formula Overview, which is a detailed review of the range as a whole.
Talc, Zinc Stearate, Mica, Silica, Dimethicone, Triethoxycaprylylsilane, Boron Nitride, Caprylyl Glycol, Potassium Sorbate, Chlorphenesin, Tetrasodium Edta, Calcium Sodium Borosilicate, Tin Oxide, Titanium Dioxide (ci 77891), Iron Oxides (ci 77499), Black 2 (ci 77266) [nano].
Disclaimer: Ingredient lists are as available by the brand (or retailer) at the time of publishing. Please always check product packaging, if it exists, for the ingredient list applicable to the product you're purchasing, or the brand or retailer's website for the most up-to-date ingredient list.