Pilbara Minerals Ltd (ASX: PLS) Share Price and News

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Pilbara Minerals Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $11.62 billion
P/E Ratio 8.55
Dividend Yield 3.63%
Shares Outstanding 3.01 billion
Earnings per share 0.451
Dividend per share 0.28
Year To Date Return -2.28%
Earnings Yield 11.69%
Franking 100%
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as at 24 Feb 3:44pm

  • Pilbara Minerals Ltd (ASX: PLS)
    Latest News

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    Frequently Asked Questions

    Yes, Pilbara Minerals announced an inaugural fully franked dividend in February 2023.

    Pilbara Minerals has its headquarters in Perth, Western Australia.

    Pilbara Minerals listed on the ASX on 19 September 2007.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    05 Sep 2023 $0.1400 100.00% Final 27 Sep 2023
    02 Mar 2023 $0.1100 100.00% Interim 24 Mar 2023

    PLS ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Pilbara Minerals Ltd

    Pilbara Minerals Ltd (ASX: PLS) is an Australian lithium-tantalum producer positioning itself at the forefront of the rapidly growing global lithium industry. Its flagship development, the 100%-owned Pilgangoora Lithium-Tantalum Project, is located in the Pilbara region of Western Australia.

    The Pilgangoora project is considered one of the largest hard-rock lithium-tantalum deposits globally and is located 120 kilometres from Port Headland. The project’s significant scale and quality have seen the company progress from the first drill hole to production in less than four years.

    Currently in production and with product shipments underway, Pilbara Minerals is expanding the Pilgangoora project while developing strategic links into international markets.

    With demand for lithium raw materials forecast to grow by 28% per annum to 2028, there is opportunity for Pilbara Minerals to become a significant player in the global lithium supply chain.

    PLS Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    24 Apr 2024 $3.86 $0.05 1.31% 14,309,835 $3.87 $3.93 $3.82
    23 Apr 2024 $3.81 $-0.05 -1.30% 14,407,169 $3.83 $3.85 $3.79
    22 Apr 2024 $3.86 $0.03 0.78% 14,284,375 $3.79 $3.90 $3.78
    19 Apr 2024 $3.83 $-0.09 -2.30% 28,094,150 $3.88 $3.97 $3.81
    18 Apr 2024 $3.92 $0.08 2.08% 16,050,375 $3.88 $3.92 $3.85
    17 Apr 2024 $3.84 $-0.01 -0.26% 9,347,961 $3.83 $3.89 $3.81
    16 Apr 2024 $3.85 $-0.05 -1.28% 23,850,509 $3.87 $3.88 $3.83
    15 Apr 2024 $3.90 $-0.15 -3.70% 17,007,560 $3.96 $4.05 $3.90
    12 Apr 2024 $4.05 $0.03 0.75% 19,904,474 $4.05 $4.08 $4.01
    11 Apr 2024 $4.02 $0.10 2.55% 20,993,368 $3.86 $4.05 $3.85
    10 Apr 2024 $3.92 $0.05 1.29% 17,208,393 $3.88 $3.98 $3.87
    09 Apr 2024 $3.87 $0.06 1.57% 16,449,664 $3.89 $3.91 $3.85
    08 Apr 2024 $3.81 $0.04 1.06% 11,432,856 $3.79 $3.83 $3.75
    05 Apr 2024 $3.77 $-0.05 -1.31% 9,167,947 $3.75 $3.82 $3.75
    04 Apr 2024 $3.82 $0.05 1.33% 16,328,018 $3.83 $3.87 $3.81
    03 Apr 2024 $3.77 $-0.08 -2.08% 17,929,644 $3.80 $3.81 $3.75
    02 Apr 2024 $3.85 $0.02 0.52% 10,843,998 $3.87 $3.88 $3.82
    28 Mar 2024 $3.83 $0.08 2.13% 24,266,361 $3.90 $3.91 $3.83
    27 Mar 2024 $3.75 $0.01 0.27% 16,749,640 $3.74 $3.79 $3.70

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    27 Feb 2024 Dale Henderson Issued 417,985 $1,621,781
    Director remuneration. 13,63,616 Rights
    20 Dec 2023 Miriam Stanborough Issued 9,226 $35,520
    Employee Share Ownership Plan/Directors Salary Sacrifice. 9,226 Share Rights
    20 Dec 2023 Nicholas (Nick) Cernotta Issued 19,975 $76,903
    Employee Share Ownership Plan/Directors Salary Sacrifice. 19,975 Share Rights
    01 Dec 2023 Anthony (Tony) Kiernan Exercise 5,285 $19,078
    Conversion of securities.
    01 Dec 2023 Anthony (Tony) Kiernan Issued 5,285 $19,078
    Conversion of securities.
    01 Sep 2023 Dale Henderson Buy 473,020 $2,223,194
    Conversion of securities. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4
    01 Sep 2023 Dale Henderson Exercise 473,020 $2,223,194
    Conversion of securities. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4, 9,45,631 Rights
    01 Sep 2023 Dale Henderson Expiry 41,578 $195,416
    Options expired. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4
    01 Sep 2023 Dale Henderson Issued 891,064 $4,188,000
    Exercise of options. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4
    01 Sep 2023 Dale Henderson Sell 1,200,000 $5,761,000
    On-market trade. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4
    01 Sep 2023 Dale Henderson Exercise 891,064 $4,188,000
    Exercise of options. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02706973-6A1166320?access_token=83ff96335c2d45a094df02a206a39ff4
    01 Sep 2023 Anthony (Tony) Kiernan Issued 5,284 $24,834
    Conversion of securities.
    01 Sep 2023 Anthony (Tony) Kiernan Exercise 5,284 $24,834
    Conversion of securities. 5,285 Share Rights
    01 Jun 2023 Anthony (Tony) Kiernan Issued 5,284 $22,932
    Conversion of securities.
    01 Jun 2023 Anthony (Tony) Kiernan Exercise 5,284 $22,932
    Conversion of securities. 10,569 Share Rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Kathleen Marie Conlon Non-Executive Director Jan 2024
    --
    Mr Nicholas (Nick) Luigi Cernotta Non-Executive Director Feb 2017
    Mr Cernotta has 40 years of experience in the mining industry, spanning multiple and various commodities and operations in Australia and across multiple offshore jurisdictions, including Africa, Southeast Asia, Mongolia, and Saudi Arabia to state a few. Mr Cernotta has held senior executive roles with operational experience in both the public and private sectors of the mineral resources industry. More roles, include Director of Operations at Fortescue Metals Group, Chief Operating Officer at MacMahon Contracting, Director of Operations at Barrick Gold (Australia and Africa) and CEO of GBF Underground Mining Company. A Non-Executive Director and Chair of some ASX listed Companies, Mr Cernotta has chaired Remuneration, People and Culture and Sustainability Committees and is a member of Exploration and Growth, and Technical Oversight committees.
    Mr Stephen (Steve) John Scudamore Non-Executive Director Jul 2016
    Mr Scudamore is an Australian company director. His career includes more than three decades with KPMG, including senior roles in Australia, London and PNG including Chairman of Partners WA, Head of Corporate Finance in WA and National Head of Valuations, KPMG Australia. Since 2012, he has been a Non-Executive Director and Chair of MDA National Insurance Pty, the insurance arm of a mutual medical defense organization. His ongoing involvement in community organizations includes his role as Trustee and Vice Chair of the Western Australian Museum and WA Committee Chair of the Australian British Chamber of Commerce and member of the National Board.
    Ms Sally-Anne Georgina Layman Non-Executive Director Apr 2018
    Ms Layman is a mining professional, corporate financier and advisor with 30 years of international and cross-commodity experience. Previously, Ms Layman held a range of senior positions with Macquarie Group Limited, including as Division Director and Joint Head of the Perth office of the Metals, Mining and Agriculture Division. More recently, she has worked as a consultant providing financial consulting services to miners and explorers, including strategy and business development. She is Chairman of Sustainability Committee.
    Mr Dale Robert Henderson Chief Executive OfficerManaging Director Jul 2022
    Mr Henderson has experience in both mine operations and development in the resources sector including roles in both brownfields and greenfields settings across several commodities. Prior to joining the Company, Mr Henderson held senior roles including Fortescue Metals Group, Chevron, and Occidental Petroleum. Mr Henderson was Chief Operating Officer at the Company from 2017 before his appointment as Managing Director and Chief Executive Officer on 30 July 2022. Mr Henderson has played a role in overseeing operational improvements at the Pilgan Plant since its initial commissioning and in the acquisition of the adjoining Ngungaju Plant, establishing the foundation for the long-term growth profile of the Pilgangoora Operation
    Ms Miriam Erin Lyons Stanborough Non-Executive Director Oct 2021
    Ms Stanborough has more than 20 years of experience in the mineral processing industry across various commodities including copper, uranium, gold, silver, alumina, and mineral sands. Ms Stanborough was previously part of the senior leadership team at Monadelphous, where she was Group Manager Productivity and Innovation. Prior to that she held several senior roles at Iluka Resources, Alcoa Australia and WMC Resources in technical development, production management, project management, business improvement, HR and diversity strategy, and sales and marketing. Ms Stanborough is the Chair of the Minerals Research Institute of Western Australia (MRIWA), Director of ChemCentre and Deputy Chair of the Northern Agricultural Catchments Council (NACC).
    Ms Danielle Webber Joint Company Secretary Nov 2023
    -
    John Stanning Chief Development Officer
    -
    Luke Bortoli Chief Financial Officer
    -
    Vince De Carolis Chief Operating Officer
    -
    Sandra McInnes Chief Sustainability Officer
    -
    Danielle Webber Joint Company Secretary
    -
    Paul Laybourne Project Director
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 771,976,282 25.70%
    J P Morgan Nominees Australia Pty Limited 421,287,192 14.03%
    Citicorp Nominees Pty Limited 266,422,054 8.87%
    Gfl International Co Ltd 87,882,802 2.93%
    Gfl International Co Ltd i 84,802,169 2.82%
    Pos Lt Pty Ltd 82,065,000 2.73%
    National Nominees Limited 77,676,658 2.59%
    BNP Paribas Noms Pty Ltd <Drp> 77,202,202 2.57%
    BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 45,717,159 1.52%
    BNP Paribas Nominees Pty Ltd ACF Clearstream 30,315,284 1.01%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 17,460,278 0.58%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 12,739,989 0.42%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 11,877,511 0.40%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 7,074,600 0.24%
    Mr Peter Barrett Capp <Capp Family A/C> 5,200,000 0.17%
    Brinsden Holdings Pty Ltd <Brinsden Investment A/C> 5,145,957 0.17%
    Netwealth Investments Limited <Wrap Services A/C> 4,279,484 0.14%
    BNP Paribas Noms(Nz) Ltd<Drp> i 4,203,030 0.14%
    HSBC Custody Nominees (Australia) Limited A/C 2 4,169,763 0.14%
    Ms Danielle Sharon Tudehope 3,600,000 0.12%

    Profile

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