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home / news releases / PILBF - Pilbara Minerals: Record December Quarter Sales But Valuation Seems Stretched

PILBF - Pilbara Minerals: Record December Quarter Sales But Valuation Seems Stretched

Pilbara Minerals Ltd
  • Pilbara Minerals offered a first look into shipment numbers for its December quarter.
  • The record numbers validate the strength of underlying demand trends, also underpinning an optimistic fiscal 2021 outlook.
  • With the Altura Mining acquisition in the bag and the capital raise done and dusted as well, Pilbara's cash flow prospects are improved.
  • At the current c. 7.5x P/NAV multiple, however, shares appear to be very expensively priced.

For further details see:

Pilbara Minerals: Record December Quarter Sales, But Valuation Seems Stretched
Stock Information
Company Name: Pilbara Minerals Ltd
Stock Symbol: PILBF
Market: OTC
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