PLS 3.04% $2.89 pilbara minerals limited

This is a joke!, page-119

  1. 8,983 Posts.
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    Good post Jogo,
    Last week one of the analyst covering PLS stated that the company was trading on a PE of 8 based on sp of 84c and 2019 earnings estimate.

    For most, a PE of 8 would be an attractive entry point for investors (assumimg company fundmentals all good). Do you think a PE of 8 is low for the mining sector in general? And if so, what is a long term average PE for mining companies in general?
 
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29 125922 $2.88
 

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$2.89 286860 79
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