A broad-based selloff in lithium mining stocks could spark interest among risk-hungry investors, with Credit Suisse talking up a buying opportunity in Pilbara Minerals. The sector is down by an average 15-20% over the past month, reflecting concern over rising supply and implications for sale prices. China spot prices have been on the wane, yet producers are telling a different story on contract prices that are stable or rising. Credit Suisse also notes "positive sentiment in price negotiations with quality, battery grade convertible material remaining in strong demand." It has an outperform call on Pilbara Minerals, which is down 1.8% today and trading near lows last seen in October.
A broad-based selloff in lithium mining stocks could spark...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.15 |
Change
0.040(1.29%) |
Mkt cap ! $9.480B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.12 | $71.90M | 22.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112482 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 320783 | 6 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |