In a report released today, Mitch Ryan from Jefferies maintained a Buy rating on Pilbara Minerals Limited (PILBF – Research Report), with a price target of A$4.40. The company’s shares closed last Friday at $2.49.
According to TipRanks, Ryan is a 4-star analyst with an average return of 13.9% and a 68.75% success rate. Ryan covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Northern Star Resources Ltd, and Sandfire Resources Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals Limited with a $2.45 average price target.
The company has a one-year high of $3.71 and a one-year low of $2.06. Currently, Pilbara Minerals Limited has an average volume of 126.4K.
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Pilbara Minerals Limited (PILBF) Company Description:
Pilbara Minerals Ltd. engages in the exploration and evaluation of mineral properties. It focuses on lithium and tantalum properties of Pilgangoora Lithium-Tantalum Project located in the Pilbara region. The company was founded on January 10, 2005 and is headquartered in West Perth, Australia.
