PLS 5.18% $2.93 pilbara minerals limited

The upcoming quarterly report isn't going to help the share...

  1. 5,936 Posts.
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    The upcoming quarterly report isn't going to help the share price. The market is forward looking and with PLS likely to be getting under $2k/t for SC5.3 in the current quarter (Oct-Dec), annualised PLS is making less than A$1b profit at 650kt/yr. Valuation looks very stretched here and sub $3 is more appropriate for a resource stock. The $3.40 support should get a good workout soon, IMO.
    Last edited by asb83: 23/10/23
 
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$2.93
Change
-0.160(5.18%)
Mkt cap ! $8.823B
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$3.05 $3.08 $2.91 $69.76M 23.57M

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No. Vol. Price($)
22 294361 $2.92
 

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Price($) Vol. No.
$2.94 3706 2
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