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Pilbara Minerals (PLS)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Pilbara Minerals (PLS)

Hi James and Harry, I am not sure whether I missed MM comment on Pilbara Minerals . They reported after the market closed on Thursday. Their result was a huge improvement on 2020 , notwithstanding their inability to turn a profit, and got sold off again today. Can you please let me know your view. Thanks Errol K.

Answer

Hi Errol,

MM is bullish the lithium space including PLS, however we would prefer to buy the stock on dips back towards $2 – remember this is has historically been a volatile sector.

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Pilbara Minerals Ltd (PLS)
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