ASX:PLSMetals and Mining
Assessing PLS Group’s Valuation After Canmax Supply Deal And Floor Price Agreement
PLS Group (ASX:PLS) has agreed a multi year spodumene concentrate supply deal with China based Canmax Technologies, locking in future volumes and a floor price that offers some protection during lithium price swings.
See our latest analysis for PLS Group.
After the offtake announcement and a recent A$4.17 close, PLS Group’s 21.22% 3 month share price return contrasts with a weaker year to date move. At the same time, the 1 year total shareholder return of 89.55% points to strong longer term...