PLS 5.69% $3.16 pilbara minerals limited

I am with you on the $3.56 valuation except you seem to be more...

  1. 14,167 Posts.
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    I am with you on the $3.56 valuation except you seem to be more negative than me.
    I have it at $3.62
    Here is my calculation
    spod price = US$ 1013

    cost of operations = US$595
    profit = US$418
    Volume =680,000 mt
    Total profit = US$284,240,000
    Number of shares = 3,009,467,945
    EPS = US$0.09/ A$0.14
    Price = $4.05
    PE = 29
    Growth .14 to .28 over 3 years = 26%
    PEG = 29/26 = 1.12
    fair value =$ 4.05/ 1.12 = $3.62


    Think we may have gone through a key support around $3.97.
    Let's see if PLS can hold below that support today
    We might get to our targets on Monday




    Last edited by kennethgalbraith: 15/03/24
 
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