Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hey there, Would be great to get your thoughts (again I know) on this sector but in particular LTR vs PLS. Regards, Michael Hi, what is your views on Pilbara Minerals and your views on Lithium in general? Would Lithium price will ever recover? And do you see Pilbara good buying opportunity at current prices around $1.30? And if so, what Price Target do you see for Pilbara? Do you think, would that ever achieve $3 ? Thanks, Brian
Hi Guys,
Two questions we largely covered in Thursdays morning report: As stocks soar, is it time to throw in the towel towards Lithium stocks?
It was a pleasant change to see the lithium names deliver standout performances on Thursday after Trump appeared to back down on his plans around mass tariffs. – Mineral Resources (MIN), Liontown (LTR), IGO Ltd (IGO) and Pilbara (PLS) all delivered solid double digit gains on the day.
After falling ~80% over recent years the Li space is battered and arguable cheap but unless prices increase they can only bounce so far and that’s our concern with so much supply waiting on the sidelines.
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