|Bid||3.6000 x 4103500|
|Ask||3.6100 x 11251200|
|Day's range||3.5850 - 3.7200|
|52-week range||3.3550 - 5.4300|
|Beta (5Y monthly)||1.52|
|PE ratio (TTM)||4.57|
|Earnings date||22 Feb 2024 - 26 Feb 2024|
|Forward dividend & yield||0.28 (7.76%)|
|Ex-dividend date||05 Sept 2023|
|1y target est||4.38|
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...