From "The Bull.com.au" today:
Author: Philippe Bui, Medallion Financial Group
BUY – Pilbara Minerals (PLS)The lithium company had $3.3 billion of cash on its balance sheet when announcing its full year results. PLS is trading on an undemanding price/earnings ratio. The company aims to produce a million tonnes by the end of 2025, a significant increase on existing production. The company paid a fully franked full year dividend of 25 cents a share in fiscal year 2023. Provided lithium prices settle in what has been a recent downturn, PLS should be able to deliver.
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