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Pilbara Minerals Ltd (PLS) is an industrial metals & mining business based in Australia. The company holds a 100% interest in the Pilgangoora lithium-tantalum project in Western Australia. Pilbara Minerals is listed on the Australian Securities Exchange (ASX) and employs 300 staff. All prices are listed in Australian Dollars. New Zealanders can buy Pilbara Minerals stock by signing up to a trading platform with access to the ASX.
Since the stock market crash in March caused by coronavirus, Pilbara Minerals's stock price has had significant positive movement.
Its last market close was A$3.94, which is 92.13% up on its pre-crash value of A$0.31 and 2,818.52% up on the lowest point reached during the March crash when the stocks fell as low as A$0.135.
If you had bought A$1,000 worth of Pilbara Minerals stocks at the start of February 2020, those stocks would have been worth A$491.23 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth A$13,824.55.
| Open | A$4.04 |
|---|---|
| High | A$4.05 |
| Low | A$3.94 |
| Close | A$3.94 |
| Previous close | A$3.99 |
| Change | A$-0.05 |
| Change % | -1.2531% |
| Volume | 29,297,748 |
| 52-week range | A$1.92 - A$5.51 |
|---|---|
| 50-day moving average | A$4.34 |
| 200-day moving average | A$4.02 |
| Wall St. target price | A$4.78 |
| PE ratio | 6.28 |
| Dividend yield | A$0.11 (6.41%) |
| Earnings per share (TTM) | A$0.55 |
Historical closes compared with the close of A$3.94 from 2023-03-31
| 1 week (2023-03-24) | 10.67% |
|---|---|
| 1 month (2023-03-01) | -6.41% |
| 3 months (2022-12-30) | 5.07% |
| 6 months (2022-09-30) | -13.60% |
| 1 year (2022-04-01) | 14.87% |
|---|---|
| 2 years (2021-04-01) | 263.13% |
| 3 years (2020-04-01) | 1,920.51% |
| 5 years (2018-03-29) | 377.58% |
Valuing Pilbara Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pilbara Minerals's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | A$3.1 billion |
|---|---|
| Operating margin TTM | 77.91% |
| Gross profit TTM | A$808.7 million |
| Return on assets TTM | 59.94% |
| Return on equity TTM | 99.21% |
| Profit margin | 54.9% |
| Book value | A$0.86 |
| Market capitalisation | A$10.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 20% of net profits
Recently Pilbara Minerals has paid out, on average, around 20% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.41% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Pilbara Minerals shareholders could enjoy a 6.41% return on their shares, in the form of dividend payments. In Pilbara Minerals's case, that would currently equate to about A$0.11 per share.
While Pilbara Minerals's payout ratio might seem low, this can signify that Pilbara Minerals is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 March 2023 (the "ex-dividend date").
Pilbara Minerals's shares were split on a 1:5 basis on 31 March 2008. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Pilbara Minerals shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Pilbara Minerals shares which in turn could have impacted Pilbara Minerals's share price.
Over the last 12 months, Pilbara Minerals's shares have ranged in value from as little as A$1.9234 up to A$5.5122. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Pilbara Minerals's is 1.5834. This would suggest that Pilbara Minerals's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia. The company primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia. .
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