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Pilbara Minerals
(OTC:PLS)
Pilbara Minerals (PLS) vs. iShares MSCI Australia ETF (EWA)
Pilbara Minerals Business Overview & Revenue Model
Pilbara Minerals Earnings Call Summary
Pilbara Minerals Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 922.57M | 890.21M | 1.25B | 4.06B | 1.19B | 175.82M |
| Gross Profit | 147.42M | 331.56M | 477.81M | 3.27B | 794.07M | 12.58M |
| EBITDA | 98.43M | 75.31M | 593.86M | 3.51B | 783.52M | 21.28M |
| Net Income | -32.64M | -195.77M | 256.88M | 2.39B | 561.83M | -51.45M |
Balance Sheet | ||||||
| Total Assets | 4.18B | 4.67B | 4.31B | 5.20B | 1.98B | 949.72M |
| Cash, Cash Equivalents and Short-Term Investments | 1.17B | 974.54M | 1.63B | 3.34B | 591.74M | 99.71M |
| Total Debt | 634.42M | 682.21M | 555.74M | 471.95M | 291.96M | 166.97M |
| Total Liabilities | 1.01B | 1.14B | 1.07B | 1.81B | 686.36M | 375.48M |
| Stockholders Equity | 3.18B | 3.53B | 3.24B | 3.39B | 1.29B | 574.25M |
Cash Flow | ||||||
| Free Cash Flow | -916.52M | -508.13M | -1.25B | 3.04B | 506.40M | -20.36M |
| Operating Cash Flow | -80.98M | 146.22M | -440.22M | 3.43B | 634.72M | 130.00K |
| Investing Cash Flow | -774.22M | -698.11M | -827.51M | -407.96M | -204.53M | -230.79M |
| Financing Cash Flow | -136.35M | -98.06M | -392.74M | -284.19M | 58.42M | 251.33M |
Pilbara Minerals Technical Analysis
Pilbara Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$2.17B | 13.96 | 151.89% | 5.35% | 6.54% | 0.48% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$10.40B | ― | -5.63% | ― | -38.69% | -174.12% | |
| ― | $8.81B | ― | -26.55% | ― | -15.27% | -817.26% | |
| ― | AU$3.21B | -12.94 | -7.26% | 5.41% | -2.30% | -234.27% | |
| ― | $4.41B | ― | -35.65% | ― | -37.23% | -32433.33% |
Pilbara Minerals Corporate Events
Pilbara Minerals Limited has announced the quotation of 131,313 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from October 7, 2025. This move reflects the company’s ongoing efforts to enhance its capital structure and potentially strengthen its market position within the lithium industry, offering stakeholders an opportunity to engage with its growth trajectory.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the quotation of 96,588 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives in the lithium market, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the cessation of certain performance rights due to unmet conditions, impacting a total of 49,300 securities. This cessation reflects on the company’s operational adjustments and may influence its capital management strategy, potentially affecting investor perceptions and market positioning.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the issuance of new unquoted securities, including performance rights, as part of an employee incentive scheme. This strategic move is aimed at aligning employee interests with company growth, potentially enhancing operational performance and reinforcing its market position in the lithium mining sector.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited (PLS) is set to release its September 2025 Quarterly Activities Report on 24 October, with an investor webcast and call scheduled for the same day. The event will provide insights into the company’s recent performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:PLS) stock is a Sell with a A$1.25 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the issuance of 74,155 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s ongoing efforts to enhance its financial flexibility and support its strategic initiatives in the rapidly evolving lithium market.
The most recent analyst rating on (AU:PLS) stock is a Hold 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.
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.
Pilbara Minerals Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 65,120 ordinary fully paid shares being issued on two separate dates in September 2025. This move is part of the company’s ongoing efforts to enhance its capital structure, potentially strengthening its financial position and market presence in the lithium mining sector.
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.
Pilbara Minerals Limited has announced that its Annual General Meeting will be held on November 25, 2025, with the deadline for director nominations set for September 22, 2025. This meeting is a significant event for stakeholders as it may influence the company’s strategic direction and leadership, impacting its operations and market positioning in the lithium industry.
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.
Pilbara Minerals Limited announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 580,275 ordinary fully paid securities issued on September 3 and 4, 2025. This move is part of the company’s ongoing efforts to enhance its capital structure, potentially strengthening its market position and providing additional resources for future growth initiatives.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the issuance of 947,254 performance rights set to expire on July 31, 2026, as part of an employee incentive scheme. This move is likely aimed at retaining talent and aligning employee interests with company performance, potentially impacting the company’s operational efficiency and market positioning.
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.
Pilbara Minerals Limited’s recent earnings call showcased a robust operational performance, marked by record production and cost improvements, yet tempered by challenges such as declining prices and cash flow concerns. The company’s strong financial position and strategic investments provide a solid foundation for future growth, although market volatility remains a notable concern.
Pilbara Minerals Limited has announced the quotation of 456,696 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from August 26, 2025. This move is part of previously announced transactions and is likely to impact the company’s financial standing and market presence, potentially influencing stakeholder interests and the broader lithium market.
The most recent analyst rating on (AU:PLS) stock is a Hold 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.
Pilbara Minerals Limited has issued 456,696 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. The company confirms compliance with relevant legal provisions and states there is no excluded information required to be disclosed, indicating transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:PLS) stock is a Hold 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.
Pilbara Minerals Limited has announced a proposed issue of 456,696 ordinary fully paid securities, with the issue date set for August 26, 2025. This move is likely to impact the company’s capital structure and could enhance its market positioning by providing additional funds for operational or strategic initiatives.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited (PLS) is a leading global producer of lithium, a critical mineral for the transition to sustainable energy, with operations centered around its flagship Pilgangoora Operation in Western Australia and strategic expansions in Brazil and South Korea.
Pilbara Minerals has announced significant advancements in its operations, including the commissioning of the world’s largest lithium ore sorter and an increase in production capacity through the P1000 Project. The company’s recent mineral resource update has resulted in a 23% increase in contained lithium, marking a record annual production of 755kt. Additionally, strategic moves such as the acquisition of the Colina Project in Brazil and key milestones in the South Korean lithium hydroxide JV plant highlight Pilbara Minerals’ efforts to diversify and strengthen its industry positioning. These developments are expected to enhance the company’s operational capabilities and market influence.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals reported a challenging FY25 with a 39% decline in revenue to $769 million, primarily due to a 43% drop in average realized prices, despite a 7% increase in sales volume. The company maintained strong operational performance with record production levels and completed significant capital investments, including the Pilgangoora expansion projects. Despite a statutory loss after tax of $196 million, Pilbara Minerals remains financially robust with a strong cash position and total liquidity of $1.6 billion. The company is focused on cost reduction and efficiency improvements through the P850 operating model and is well-positioned for future growth with its diversified portfolio and strategic initiatives.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has released its 2025 Corporate Governance Statement, outlining its commitment to high corporate governance standards. The statement benchmarks the company’s practices against the ASX Corporate Governance Council’s Principles and Recommendations, emphasizing the importance of governance for sustainability and stakeholder satisfaction.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited reported a significant decrease in revenue and profit for the fiscal year ending June 30, 2025, with revenue dropping by 39% and a net loss of $195.8 million compared to a profit in the previous year. The company did not declare any dividends for the period, reflecting challenging market conditions and operational adjustments. Despite these financial setbacks, Pilbara Minerals received recognition for its transparent reporting practices, earning awards for its annual and sustainability reports.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has announced the completion of the Colina Mineral Resource estimate, following its acquisition of Latin Resources Limited. The estimate, which aligns with Pilbara’s reporting requirements, includes a total measured, indicated, and inferred mineral resource of 70.9 million tonnes at a grade of 1.25% lithium oxide, containing 890,000 tonnes of lithium oxide. This development is expected to enhance Pilbara’s resource base and strengthen its position in the lithium market, with further exploration drilling activities planned to potentially expand the resource base.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the quotation of 48,911 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 4, 2025. This move indicates the company’s ongoing efforts to enhance its capital structure and potentially expand its operations, reflecting its strategic positioning in the competitive lithium market.
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.
Pilbara Minerals Limited (PLS) has announced that its FY25 Full Year Results will be released on August 25, 2025. The company will host an investor webcast and call to discuss these results, providing options for retail and professional investors to participate. This announcement highlights PLS’s ongoing transparency and engagement with its stakeholders, reinforcing its position as a key player in the lithium materials industry.
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.
Pilbara Minerals has announced a record production of 755kt for FY25, highlighting its robust operational capabilities and financial health with $1.6 billion in liquidity. The completion of a self-funded $1 billion growth cycle and ongoing projects like the Colina Project and P2000 position the company strategically for future growth in the evolving lithium market.
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.
Pilbara Minerals Limited announced the cessation of certain performance rights due to unmet conditions, affecting a total of 490,581 securities. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting the challenges in meeting performance criteria in the current market environment.
The most recent analyst rating on (AU:PLS) stock is a Sell with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the issuance of 130,540 performance rights set to expire on March 31, 2026, as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially enhancing operational efficiency and stakeholder value.
The most recent analyst rating on (AU:PLS) stock is a Sell with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has completed its Pilgangoora P680 and P1000 projects and is now focusing on optimization and reducing unit operating costs. With a strong balance sheet, including a $1.0 billion cash balance and a $625 million undrawn credit facility, the company is well-positioned to capitalize on market cycles and maintain its industry positioning.
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.
Pilbara Minerals reported a significant increase in production and sales for the June 2025 quarter, driven by the successful optimization of the Pilgan Plant following the P1000 expansion. Production rose to 221.3 thousand tonnes, and sales increased by 72% compared to the previous quarter, despite a decrease in the realized price per tonne. The company achieved a 28% revenue increase to $193 million, supported by higher sales volumes. The Pilgan plant’s optimization led to lower unit operating costs, and the company maintained a strong cash position with a balance of $1.0 billion. Pilbara Minerals also reported a 23% increase in contained lithium resources, reinforcing its position in the global lithium market. The company continues to focus on cost control and has released guidance for FY26, indicating plans for increased production and reduced costs.
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.