- Pilbara Minerals‘ third quarter output of Spodumene concentrate reached 179,000 tons, which is an increase of 1.7% compared to the previous quarter.
- Unit operating cost (FOB) per ton amounted to A$675, showing a rise of +5.6% quarter on quarter.
- Revenue of the company stood at A$192 million, indicating a decrease of 27% from the previous quarter.
- The cash balance was reported as A$1.80 billion, declining by 16% quarter on quarter.
- Spodumene concentrate sales amounted to 165,100 tons, marking an increase of +3.3% compared to the prior quarter.
- Opinions on the firm seem to be divided among analysts with 8 buys, 6 holds, and 6 sells.
- All comparisons to past results have been based on values reported from the company’s original disclosures.
A look at Pilbara Minerals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating Pilbara Minerals Ltd.’s long-term outlook are optimistic based on its Smartkarma Smart Scores. With a high Growth score of 5 and Resilience score of 5, the company is positioned for strong future expansion and stability in the face of market challenges. This suggests that Pilbara Minerals is well-equipped to weather economic fluctuations and capitalize on growth opportunities in the mineral exploration sector.
Additionally, Pilbara Minerals scores well in Dividend and Momentum, with scores of 4 for both. This indicates a positive outlook for potential returns to investors and sustained market interest in the company respectively. Although its Value score is slightly lower at 2, the overall Smart Scores paint a promising picture for Pilbara Minerals‘ future performance in mineral exploration and development.
### Pilbara Minerals Ltd. is a mineral exploration company. The Company owns mineral tenements in the west Pilbara region of Western Australia where it explores for iron ore, gold, and base metals, particularly copper and nickel. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
