|Bid||2.1480 x 2000000|
|Ask||2.2200 x 2222200|
|Day's range||2.1020 - 2.1020|
|52-week range||2.0300 - 73.0036|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Key Insights Pilbara Minerals' significant individual investors ownership suggests that the key decisions are...
A basket of prices for lithium - which vary by region and by type - tracked by Benchmark Mineral Intelligence has dropped more than 60% this year. While demand for the ultralight battery metal is still expected to rise this year from 2022 levels, investors' expectations for white-hot industry growth were dampened by sluggish quarterly reports from Albemarle, Pilbara Minerals, Livent and others. In Australia, the world's largest lithium-producing nation, Pilbara Minerals is the most-shorted stock on the Australian Stock Exchange, suggesting investors have a negative view on lithium demand.
One thing we could say about the analysts on Pilbara Minerals Limited ( ASX:PLS ) - they aren't optimistic, having just...