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The latest update is out from Pilbara Minerals ( (AU:PLS) ).
Pilbara Minerals, under its entity name PLS Group Limited, has announced the quotation of 1,193,817 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move indicates the company’s ongoing efforts to enhance its market presence and liquidity. The issuance of these securities, resulting from options being exercised or convertible securities being converted, is a strategic step that could potentially impact the company’s financial flexibility and stakeholder engagement.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$4.00 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
Average Trading Volume: 28,777,557
Technical Sentiment Signal: Buy
Current Market Cap: A$13.2B
See more insights into PLS stock on TipRanks’ Stock Analysis page.