PLS Group Limited (ASX:PLS)

Australia flag Australia · Delayed Price · Currency is AUD
6.26
-0.11 (-1.73%)
May 8, 2026, 4:15 PM AEST
Market Cap20.17B +307.0%
Revenue (ttm)967.38M +4.9%
Net Income-93.58M
EPS-0.03
Shares Out3.22B
PE Ration/a
Forward PE26.25
Dividendn/a
Ex-Dividend Daten/a
Volume17,551,563
Average Volume22,572,308
Open6.27
Previous Close6.37
Day's Range6.18 - 6.38
52-Week Range1.07 - 6.38
Beta0.73
RSI65.31
Earnings DateAug 25, 2026

About PLS Group

PLS Group Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. Its flagship projects is the 100% owned Pilgangoora project located in the Pilbara region of Western Australia. The company was formerly known as Pilbara Minerals Limited and changed its name to PLS Group Limited in November 2025. The company was incorporated in 2005 and is based in West Perth, Australia. [Read more]

Sector Materials
Founded 2005
Employees 950
Stock Exchange Australian Securities Exchange
Ticker Symbol PLS
Full Company Profile

Financial Performance

Financial Statements

News

PLS Group Earnings Call Transcript: Q3 2026

Record production and strong pricing drove a 52% revenue increase and 178% higher cash margin, with AUD 1.5 billion in cash and robust liquidity. Growth projects are on track, costs remain disciplined, and the company is well-positioned for future capital returns.

15 days ago - Transcripts

Iron ore, LNG ports in Australia's Pilbara mining hub close as cyclone strikes

Key iron ore and liquefied natural gas (LNG) ports ​in Western Australia were closed on ‌Thursday as a tropical cyclone struck off the coast of the resources rich Pilbara ​region, the ports' operator ...

6 weeks ago - Reuters

PLS Group Earnings Call Transcript: H1 2026

Profitability returned in H1 FY2026 with revenue up 47% and strong cash generation. The Ngungaju plant restart and a new offtake agreement with a $1,000/ton floor support disciplined growth amid improving lithium market conditions.

2 months ago - Transcripts

Ports for Australia's Pilbara iron ore region closed due to cyclone

Ports in Western Australia, including the world's biggest iron-ore export hub, were closed on Saturday as a tropical cyclone developed off the coast from the vast Pilbara iron ore region, the ports' o...

3 months ago - Reuters

PLS Group Earnings Call Transcript: Q2 2026

December quarter saw a sharp rebound in pricing, driving a 49% revenue increase and strong cash generation. Operations met or exceeded targets, with robust demand and disciplined cost control. Market volatility persists, but long-term demand outlook remains strong.

3 months ago - Transcripts

AEF Completes Acquisition of the South Woodie Woodie Manganese Project, Pilbara District, Western Australia

AEF has paid the remaining A$450,000 and issued 6,000,000 AEF shares for a 100% ownership interest in the South Woodie Woodie Manganese Project. The Project comprises 517.5km 2 of tenure in a highly p...

4 months ago - Newsfile Corp

Rhodes Ridge Joint Venture partners begin $191 million feasibility study on up to 50Mtpa Pilbara iron ore mine

PERTH, Australia--(BUSINESS WIRE)--The Rhodes Ridge Joint Venture has approved a $191 million (A$294 million) (Rio Tinto share $96 million, A$147 million) feasibility study to progress development of ...

5 months ago - Business Wire

BHP and Rio Tinto welcome first Caterpillar battery-electric haul trucks to the Pilbara

PERTH, Australia--(BUSINESS WIRE)--Australia's first Cat® 793 XE Early Learner battery-electric haul trucks have arrived at BHP's Jimblebar iron ore mine in the Pilbara, marking the start of on-site t...

5 months ago - Business Wire

PLS Group Transcript: AGM 2025

The AGM highlighted strong operational performance despite lithium market volatility, with record production, cost reductions, and a robust balance sheet. Strategic expansions, sustainability progress, and disciplined capital management were emphasized, while all resolutions were put to a poll and succession planning was addressed.

5 months ago - Transcripts

PLS Group Earnings Call Transcript: Q1 2026

Strong quarterly results with 30% revenue growth, record lithium recovery, and a 13% reduction in unit costs, supported by operational improvements and a robust balance sheet. Long-term lithium demand remains strong, with strategic growth projects and disciplined capital allocation in place.

7 months ago - Transcripts

Shares of Australian rare earth companies surge on $8.5 billion U.S. critical minerals deal

Australian rare earth shares soared with VHM gaining over 30%, and Northern Minerals popping about 15%. The new Australia-U.S. agreement - signed by President Donald Trump and Australian Prime Ministe...

7 months ago - CNBC

Rio Tinto, Mitsui, Nippon Steel to invest $733 million in Pilbara iron ore project

Rio Tinto said on Tuesday it will invest $733 million, alongside joint venture partners Mitsui and Nippon Steel Corp , to develop new iron ore deposits at the West Angelas hub in Western Australia's P...

7 months ago - Reuters

Pilbara Minerals upgraded to Neutral from Sell at UBS

UBS analyst Levi Spry upgraded Pilbara Minerals (PILBF) to Neutral from Sell with a price target of A$2.30, up from A$1.60. The firm, which notes it has been “bearish” for

9 months ago - TheFly

Pilbara Minerals downgraded to Hold from Buy at Jefferies

Jefferies downgraded Pilbara Minerals (PILBF) to Hold from Buy with a price target of A$2.10, up from A$2. The lithium market is seeing strong prices, but the firm remains cautious

9 months ago - TheFly

PLS Group Earnings Call Transcript: H2 2025

FY 2025 saw record production, major cost reductions, and strong liquidity despite a 39% revenue drop from lower prices. Guidance for FY 2026 targets higher output, lower costs, and disciplined CapEx, with a robust balance sheet positioning for market recovery.

9 months ago - Transcripts

PLS Group Transcript: Diggers & Dealers Mining Forum 2025

Disciplined strategy and operational excellence enabled record production, cost reductions, and global expansion, positioning the company to thrive amid lithium market volatility and rising demand across energy and technology sectors. Robust partnerships and a strong balance sheet support future growth.

9 months ago - Transcripts

PLS Group Earnings Call Transcript: Q4 2025

Record production and cost reductions were achieved, with a strong cash position maintained despite lower prices. FY 2025 guidance was exceeded, and FY 2026 targets reflect further operational and cost improvements amid ongoing market volatility and robust long-term demand.

10 months ago - Transcripts

Pilbara Minerals downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs analyst Hugo Nicolaci downgraded Pilbara Minerals (PILBF) to Sell from Neutral with a A$1.10 price target The firm sees an oversupplied market and more limited near-term positive catalys...

10 months ago - TheFly

Rio Tinto and Hancock Prospecting to invest $1.6 billion to develop the Hope Downs 2 project in Western Australia's Pilbara

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto and Hancock Prospecting will invest $1.61 billion (Rio Tinto share $0.8 billion) to develop the Hope Downs 2 iron ore project in Western Australia's Pilbar...

11 months ago - Business Wire

Pilbara Minerals Wants to Show It Can Weather the Lithium-Price Rout

In an interview, Chief Executive Dale Henderson spoke of how Pilbara Minerals, or PLS, is prioritizing cost savings after ramping up the expansion of its Pilgangoora lithium mine in remote northwest A...

1 year ago - WSJ

PLS Group Earnings Call Transcript: Q3 2025

Major strategic milestones were achieved, including cost-saving initiatives, expansion ramp-up, and a key acquisition, all while maintaining a strong cash position. Despite lower sales and production volumes, operational efficiencies and a robust balance sheet position the company well for future growth.

1 year ago - Transcripts

Pilbara Minerals downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded Pilbara Minerals (PILBF) to Neutral from Overweight with a price target of A$1.60, down from A$2.50. The firm cites lower lithium valuation support and its reduced Onslow volume

1 year ago - TheFly

Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine

Australia's Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto's Paraburdoo iron ore mine in Pilbara region have signed a petition to support collective barg...

1 year ago - Reuters

Rio Tinto to invest $1.8 billion to develop Brockman mine extension in Western Australia's Pilbara

PERTH, Australia--(BUSINESS WIRE)--Rio Tinto will invest $1.8 billion1 to develop the Brockman Syncline 1 mine project (BS1), extending the life of the Brockman region in the West Pilbara of Western A...

1 year ago - Business Wire

Workers seek collective bargaining at Rio Tinto Pilbara mine

Australia's Mining and Energy Union said on Thursday it would launch a petition at Rio Tinto's Paraburdoo mine in the Pilbara region that would allow workers to initiate bargaining for a collective ag...

1 year ago - Reuters