Pilbara Minerals Ltd (ASX: PLS) is an Australian lithium producer with its 100%-owned Pilgangoora Lithium-Tantalum Project. The Pilgangoora project is located in West Australia and is one of the largest lithium ore deposits in the world. With this asset, Pilbara Minerals plans to become one of the world’s largest producers by 2020.
The benchmark S&P/ASX 200 (INDEXASX: XJO) surrendered 81.5 points, or 1.1 per cent, to 7414.8, while the broader All Ordinaries (INDEXASX: XAO) was also down by 1.1 per cent, losing 83 points to 7,647.
The Pilbara Minerals Ltd (ASX:PLS) share price is lower 3.6% since the start of the 2024. It’s probably worth asking, ‘is the PLS share price undervalued?’
Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.027% to 7,496.30.
The Pilbara Minerals Ltd (ASX:PLS) share price has dropped 2% after the ASX lithium share expanded its lithium sale agreement.
The Washington H Sl Pttnsn nd Cmpny Ltd (ASX:SOL) share price is up 20.8% since the start of the 2024. It’s probably worth asking, ‘is the SOL share price undervalued?’
The Pilbara Minerals Ltd (ASX:PLS) share price has increased 3.3% since the start of the 2024. It’s probably worth asking, ‘is the PLS share price priced to perfection?’
The Washington H Sl Pttnsn nd Cmpny Ltd (ASX:SOL) share price has increased 19.1% since the start of the 2024. It’s probably worth asking, ‘is the SOL share price priced to perfection?’
The Pilbara Minerals Ltd (ASX:PLS) share price is up 5.2% since the start of the 2024. It’s probably worth asking, ‘is the PLS share price undervalued?’
