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0.34% $2.99 pilbara minerals limited

FNArena mce-anchorPLS | Overnight Price:$0.66AddedMacquarie...

  1. bleach88
    724 Posts.
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    31/05/16
    09:59
    Post #: 17908513
    FNArena

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    Overnight Price:$0.66​
    AddedMacquarie rates PLS as Initiation of coverage with Underperform (5) -The broker has initiated coverage of lithium mining hopeful Pilbara Metals with an Underperform rating and 64c price target. The company is developing its Pilgangoora project, adjacent that of Altura Mining.
    While Pilgangoora could become a globally significant project,  Pilbara is racing against several more established projects to exploit a brief window of global lithium deficit in 2019. Pilbara will need to accelerate development to secure market share, the broker warns.
    [/LEFT][/table][/table][/table]
    PLS Price at posting: 65.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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