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How to buy Pilbara Minerals (PLS) shares

Learn how to easily invest in Pilbara Minerals shares.

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.

How to buy shares in Pilbara Minerals

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. To buy shares in an Australian-listed company from New Zealand, you'll need to find a trading platform that allows access to the ASX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Pilbara Minerals Ltd. Find the stock by name or ticker symbol – PLS – and research it before deciding if it's a good investment for you.
  4. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of PLS, depending on your share trading account.
  5. Purchase now or later. Buy your desired number of shares today with a market order or use a limit order to delay your purchase until PLS reaches a desired price.
  6. Check in on your investment. Congratulations, you own a part of Pilbara Minerals Ltd. Optimise your portfolio by tracking your stock — and even the business — performs with an eye on the long term.

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How has Coronavirus impacted Pilbara Minerals's stock price?

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.

Pilbara Minerals shares at a glance

Information last updated 2023-03-31.
Previous closeA$3.99
Change A$-0.05
Change % -1.2531%
Volume 29,297,748
Information last updated 2023-03-26.
52-week rangeA$1.92 - A$5.51
50-day moving average A$4.34
200-day moving average A$4.02
Wall St. target priceA$4.78
PE ratio 6.28
Dividend yield A$0.11 (6.41%)
Earnings per share (TTM) A$0.55

Pilbara Minerals stock price (Australian Securities Exchange (ASX):PLS)

Use our graph to track the performance of PLS stocks over time.

Pilbara Minerals price performance over time

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%

Is Pilbara Minerals stock undervalued or overvalued?

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.

Pilbara Minerals financials

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

Pilbara Minerals share dividends


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").

Have Pilbara Minerals's shares ever split?

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.

Pilbara Minerals share price volatility

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".

PLS.AU volatility(beta: 1.58)Avg. volatility(beta: 1.00)LowHigh

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 overview

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. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.

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