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Pilbara Minerals ( (AU:PLS) ) has issued an update.
Pilbara Minerals Limited announced the cessation of several performance rights due to unmet conditions, impacting a total of 285,581 securities. This development may affect the company’s operational strategies and stakeholder interests, as it reflects challenges in meeting performance targets or changing market conditions.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
More about Pilbara Minerals
Pilbara Minerals Limited is a company operating in the mining industry, primarily focused on the exploration and development of lithium and other mineral resources. The company is a significant player in the lithium market, catering to the growing demand for lithium-ion batteries used in electric vehicles and renewable energy storage.
Average Trading Volume: 52,558,797
Technical Sentiment Signal: Hold
Current Market Cap: A$6.37B
See more insights into PLS stock on TipRanks’ Stock Analysis page.