Pilbara Minerals Boosts Lithium Resource at Pilgangoora

Pilbara Minerals ( (AU:PLS) ) has provided an update.

Pilbara Minerals has announced a significant update to its Mineral Resource at the Pilgangoora Operation, showing a 23% increase in contained lithium oxide and a 10% increase in total resource tonnage. This update reinforces Pilbara Minerals’ position as a leading global supplier of lithium, highlighting the company’s large-scale, high-quality assets and its strategic focus on optimizing operations to drive long-term shareholder value.

The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.95 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 lithium production. It owns and operates the Pilgangoora Operation in Western Australia, which is one of the largest hard-rock lithium operations globally.

Average Trading Volume: 31,476,740

Technical Sentiment Signal: Sell

Current Market Cap: A$4.12B

See more insights into PLS stock on TipRanks’ Stock Analysis page.