Average Price Target Based on 9 Wall Street analysts offering 12 month price targets for Pilbara Minerals Limited in the last 3 months. The average price target is AU$5.37 with a high forecast of AU$7.35 and a low forecast of AU$4.18. The average price target represents a 9.95% change from the last price of AU$4.88.
Pilbara Minerals seems to have the strongest balance sheet in the sector, and its cash pile continues to grow thanks to its cash flow. It's putting its cash to good use within the business, while also paying investors a decent dividend in the meantime. The company's P1000 project, and other projects, are compelling.
Pilbara Minerals Limited (PLS) last dividend payment was $0.11 per share and was paid on 24 Mar 2023. This last PLS dividend included 100% franking. What is the franking level for Pilbara Minerals Limited (PLS)?
The Pilbara Minerals share price is also benefiting from its ongoing progress towards being more involved in the lithium battery value chain. It's working on becoming a “globally significant lithium chemicals producer”, with its current joint venture POSCO Pilbara Minerals Solutions.
In June 2022, we announced the production of first ore at Gudai-Darri, our first greenfield mine in the Pilbara, Western Australia, in more than a decade. With an expected life of more than 40 years and an annual capacity of 43 million tonnes, Gudai-Darri will underpin future production of our Pilbara Blend™ product.
Its analysts conclude: We maintain our Buy recommendation and Target price. Over the next two years we forecast that as the business transformation is completed, MIN's growing production volumes, and improving margins, supported by strong commodity prices, will result in significant earnings growth.
According to a recent note out of Morgans, its analysts are forecasting a fully franked 15 cents per share dividend in FY 2023, which implies a final payout of 4 cents per share. Based on the current Pilbara Minerals share price of $4.60, this will mean a full-year yield of 3.25% and a final dividend yield of 0.85%.
Making $1,000 per month in dividends requires you to invest hundreds of thousands of dollars in dividend stocks. Though there is not technically an exact amount, many experts mark the range as being between $300,000 and $400,000.
1. Necessities. Procter & Gamble has increased its dividend every year for 67 consecutive years, making it a Dividend King.
The company is increasing production capacity at the mine with an aim of producing 1 million tonnes per annum by 2025. Analysts at Macquarie have recently placed an outperform rating on Pilbara shares with a $7.70 price target. This implies an upside of 81% based on the current share price.
Pilbara Minerals Ltd quote is equal to 4.950 AUD at 2023-07-28. Based on our forecasts, a long-term increase is expected, the "PLS" stock price prognosis for 2028-07-26 is 13.250 AUD. With a 5-year investment, the revenue is expected to be around +167.67%. Your current $100 investment may be up to $267.67 in 2028.
Pilbara Minerals's earnings is forecasted to decline at an annual rate of -19.7% and its revenue is expected to decline at -5.8% annually. EPS is expected to decline by 19.7%. Return on equity is forecast to be 24.6% in 3 years.
Demand for lithium is set grow fourfold by the end of the decade to meet automakers' ambitious electrification goals, according to Benchmark Minerals Intelligence. Pilbara Minerals is one of the biggest producers in a country that is the world's top lithium exporter.
What is the PulseChain price prediction for 2030? The PulseChain price prediction for 2030 is between $ 0.000404 on the lower end and $ 0.000512 on the high end. Based on our PLS price prediction chart, the price of PulseChain could gain 390.27% and reach $ 0.000512 if it reaches the upper price target.
Pilbara Minerals has a total shareholder equity of A$2.6B and total debt of A$224.8M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are A$3.8B and A$1.2B respectively. Pilbara Minerals's EBIT is A$2.4B making its interest coverage ratio 30354.6.
A $500K nest egg will create $38,000 in annual income (better than a million bucks in PFE!). Or $200K will generate $15,200 in yearly dividend income.
Pilbara Minerals was hit by a drop in spodumene concentrate prices in the June quarter that took the shine off the company setting new production benchmarks.
Pilbara Minerals dividend announced
Following through with its commitment to start paying dividends, the first Pilbara Minerals dividend is $0.11 per share, fully franked.
The reserves of some rare earth minerals used in electronics, medical equipment and renewable energy could run out in less than 100 years. Rare earth minerals are naturally occurring resources, which cannot be recreated or replaced. Some are present in only very small quantities in the Earth's crust.
MIN Stock Forecast FAQ
Based on analyst ratings, Mineral Resources Limited's 12-month average price target is AU$76.46. What is AU:MIN's upside potential, based on the analysts' average price target? Mineral Resources Limited has 8.65% upside potential, based on the analysts' average price target.