$0.72

0.035 (4.64%)

Want access to our research and new buy ideas?

Take a free 15 day trial - no credit card required.

Start your free trial now

PLS General Information

Pilbara Minerals Limited
PLS
http://www.pilbaraminerals.com.au
Diversified Metals & Mining
1,317
1,745

PLS Current Share Price+

Current Price $0.720
Open $0.745
High $0.745
Low $0.720
Last Close $0.755
Volume 6679684
Price Movement $0.04 ( 4.64% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

PLS Company Overview

Business Description

Pilbara Minerals Limited (PLS) is an emerging lithium and tantalum producer focused on the development of Pilgangoora Lithium-Tantalum Project, located approximately 120kms from Port Hedland in the Pilbara region of Western Australia. The principal activities of the Company during the year were the exploration and development of mineral resources, being the Pilgangoora Project. The size, quality and anticipated low operating cost base of the Pilgangoora Project also provides the Company with an exceptional opportunity to pursue growth opportunities in downstream lithium markets. As part of its fast-track development program at Pilgangoora, Pilbara Minerals is on track to commence production and shipments in Q2 of 2018.

PLS Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 9.40 194.70% 8.00 0.00 0.00% 0.0%
2019 F 0.00 3.20 0.00% 23.60 0.00 0.00% 0.0%
2018 A -19.42 -1.20 0.00% 0.00 0.00 0.00% 0.0%

PLS Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BHP Billiton (BHP) $104,059M 0.4448 -0.0026 -0.0628 12.9818 13.0162 13.8877 4.93% 6.00% 4.48%
Iluka Resources (ILU) $3,151M 0.0000 2.1987 0.3326 35.8826 11.2180 8.4180 4.16% 2.59% 3.69%
Pilbara Minerals (PLS) $1,300M 0.0000 0.0000 1.9469 0.0000 23.2813 7.9003 0.00% 0.00% 0.00%
Rio Tinto (RIO) $27,682M 0.6114 0.0972 -0.1321 11.8740 10.8218 12.4697 4.99% 5.36% 5.03%
South32 (S32) $16,666M 0.2485 0.1007 -0.0859 8.8101 8.0039 8.7560 4.33% 7.48% 6.13%

PLS Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 88.30 3.84 0.41
Market 0.72 14.30 1.23 0.98
Sector 1.19 12.90 1.36 0.56

PLS Directors

Name Position Start Date
Mr Kenneth Edward Brinsden Chief Executive Officer, Managing Director 4 May 2016
Mr Anthony (Tony) William Kiernan Non-Executive Chairman, Non-Executive Director 1 Jul 2016
Mr Nicholas (Nick) Luigi Cernotta Non-Executive Director 6 Feb 2017
Mr Stephen John Scudamore Non-Executive Director 18 Jul 2016
Ms Sally-Anne Layman Non-Executive Director 20 Apr 2018

PLS Management

Name Position
Alex Eastwood General Counsel,Company Secretary

PLS Substantial Shareholders

Holding Name
126,313,746 (8.11%) Mineral Resources Limited

PLS Calendar of Events

Date Event
15 October 2019 Report (Quarterly)
08 October 2019 Report (Annual)
29 July 2019 Report (Quarterly)
26 April 2019 Report (Quarterly)
24 January 2019 Report (Quarterly)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.