From simple finance perspective, PLS will exceed $8.47 before end of this year.
With the quarterly report coming soon, 12 months earning up to end of March 2023 will be above $2.5B ….
Spodumene price at 31/03/2023 still around $4300 USD…
China has to restock lithium in this quarter, so prices will improve…Long term price expectation is around $5000 USD…
By end of Q2/2023 , 12 months earnings will be above $3.5B …
After that it will be above $4B/ annum….
With a conservative P/E ratio of 6, market cap would reach $24B or $8/share….
At positive market sentiment , P/E ratio can go to 8 , market cap will be $32B or $10.67 SP….
Other Australian lithium miners are behind PLS in terms of production….
so only from financial perspective, PLS SP would go above $8.47 this year itself.
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From simple finance perspective, PLS will exceed $8.47 before...
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$2.84 |
Change
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Mkt cap ! $8.550B |
Open | High | Low | Value | Volume |
$2.86 | $2.91 | $2.84 | $43.32M | 15.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 456378 | $2.84 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.85 | 101000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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31 | 451378 | 2.840 |
19 | 557106 | 2.830 |
24 | 288599 | 2.820 |
23 | 147126 | 2.810 |
113 | 565085 | 2.800 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 101000 | 2 |
2.860 | 243859 | 7 |
2.870 | 69739 | 4 |
2.880 | 280225 | 4 |
2.890 | 33141 | 6 |
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