Pilbara Minerals (ASX:PLS) Hits New 52-Week Low at $0.33

Pilbara Minerals Ltd (ASX:PLS)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as A$0.33 ($0.23) and last traded at A$0.34 ($0.24), with a volume of 11340666 shares trading hands. The stock had previously closed at A$0.33 ($0.23).

The company has a quick ratio of 1.22, a current ratio of 2.13 and a debt-to-equity ratio of 36.90. The stock has a fifty day moving average price of A$0.47 and a 200-day moving average price of A$0.63. The firm has a market cap of $629.67 million and a price-to-earnings ratio of -21.25.

In other Pilbara Minerals news, insider Kenneth Brinsden 223,165 shares of the company’s stock in a transaction on Wednesday, August 21st.

About Pilbara Minerals (ASX:PLS)

Pilbara Minerals Limited engages in the exploration, evaluation, and development of mineral resources in Australia. The company focuses on the development of Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. Pilbara Minerals Limited is headquartered in West Perth, Australia.

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