Pilbara Minerals Ltd (ASX:PLS) shares hit a new 52-week low on Wednesday . The company traded as low as A$0.41 ($0.29) and last traded at A$0.42 ($0.30), with a volume of 4247227 shares. The stock had previously closed at A$0.43 ($0.30).
The firm has a market cap of $711.83 million and a PE ratio of -32.08. The company has a quick ratio of 1.40, a current ratio of 1.99 and a debt-to-equity ratio of 42.55. The stock’s fifty day simple moving average is A$0.48 and its two-hundred day simple moving average is A$0.64.
In other Pilbara Minerals news, insider Kenneth Brinsden 223,165 shares of Pilbara Minerals stock in a transaction on Wednesday, August 21st.
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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