A$2.72
How to buy shares in Pilbara Minerals
To buy shares listed in Australia such as Pilbara Minerals, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Pilbara Minerals. Find the share by name or ticker symbol: PLS. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Pilbara Minerals reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Pilbara Minerals. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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Pilbara Minerals stock price (ASX:PLS)
Use our graph to track the performance of PLS stocks over time.Pilbara Minerals shares at a glance
52-week range | $2.41 - $4.6 |
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50-day moving average | $2.9188 |
200-day moving average | $3.5551 |
Target price | $3.28 |
PE ratio | 30.125 |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0.08 |
Where to buy Pilbara Minerals shares
Is it a good time to buy Pilbara Minerals stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Pilbara Minerals price performance over time
Historical closes compared with the last close of A$2.67
1 week (2024-09-04) | 3.49% |
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1 month (2024-08-09) | -13.03% |
3 months (2024-06-11) | -23.93% |
6 months (2024-03-11) | -33.25% |
1 year (2023-09-11) | -39.46% |
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2 years (2022-09-09) | -40.67% |
3 years (2021-09-10) | 30.24% |
5 years (2019-09-11) | 662.86% |
Is Pilbara Minerals under- or over-valued?
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's P/E ratio
Pilbara Minerals's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Pilbara Minerals shares trade at around 30x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Pilbara Minerals's EBITDA
Pilbara Minerals's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $468 million (£0.0 million).
The EBITDA is a measure of a Pilbara Minerals's overall financial performance and is widely used to measure stock profitability.
Pilbara Minerals financials
Revenue TTM | $1.3 billion |
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Operating margin TTM | 7.74% |
Gross profit TTM | $3.3 billion |
Return on assets TTM | 5.21% |
Return on equity TTM | 7.74% |
Profit margin | 20.48% |
Book value | 1.078 |
Market capitalisation | $7.3 billion |
TTM: trailing 12 months
Pilbara Minerals share dividends
Dividend payout ratio: 165.68% of net profits
Recently Pilbara Minerals has paid out, on average, around 165.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Pilbara Minerals shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Pilbara Minerals's case, that would currently equate to about A$N/A per share.
Pilbara Minerals's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 4 September 2023 (the "ex-dividend date").
Have Pilbara Minerals's shares ever split?
Pilbara Minerals's shares were split on a 1:5 basis on 30 March 2008. So if you had owned 5 shares the day before the split, the next day you would own 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 $2.41 up to $4.6. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Pilbara Minerals's is 1.498. 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 engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. It primarily holds a 100% interest in the Pilgangoora project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.
Pilbara Minerals in the news
Past developments
30 January 2023: Brokers remain neutral on Pilbara minerals. According to Goldman Sachs, the lithium miner is around its fair price of $4.90 per share. It is a similar story with Morningstar Quantitative, which also has a neutral rating but says shares are worth $4.59
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