ASX:PLS 8 June 2026 - 29 June 2026

PLS Group Limited ended Monday higher, but the gain was not backed by much trade. Google Finance showed 17.12 million shares changed hands, less than half the 37.95 million average volume, with the stock closing at A$5.08. The ASX was outside normal cash-market hours at publication; normal trading runs from 9:59 a.m. to 4 p.m. Sydney time. That is the useful part of the tape. PLS rose 0.79% on a day when the S&P/ASX 200 gained 0.68% to 8,823.4, but the stock remains 25% below its A$6.81 52-week high. Using Google Finance’s 3.22 billion shares outstanding, the fall from that high implies roughly A$5.6 billion in equity value has gone since the peak.

Australian cash equities were closed at the dateline before Monday’s session. ASX normal trading starts at 09:59:45 Sydney time and runs to 16:00, with closing auction activity after that. PLS Group Limited, the lithium producer formerly known as Pilbara Minerals, enters the new week with a market value near A$16.2 billion after Friday’s 6.3% fall to A$5.04. The stock’s drop from A$6.17 around its June 19 P2000 announcement to A$5.04 wiped about A$3.64 billion from market value, based on 3.221 billion shares on issue.

PLS Group Limited posted one of the clearer split moves among lithium names on the ASX into the weekend: a minor employee-share print, but the bigger hit came from the commodity side. The stock dropped 34 cents to close at A$5.04 on Friday, after touching a low of A$5.00, according to Google Finance data. PLS has lodged an application to quote 618,302 ordinary fully paid shares that were issued on June 17 under its employee incentive scheme. The shares had nil cash consideration. After this quotation, PLS has 3,221,617,827 ordinary shares on issue, according to the Appendix 2A released to the ASX.

PLS Group Limited dropped 5.95% to close at A$5.53 on Monday. That put its loss over the last two sessions at 10.4%. Weak lithium prices continued to pressure shares, even as the miner talked up plans to speed up its P2000 expansion. The S&P/ASX 200 ended at 8,816.1, off just 0.16%. PLS was the big underperformer. The stock fell in line with the 6.13% decline in the benchmark price for battery-grade lithium carbonate in China, which ended at 157,000 yuan a tonne. It's not clear this was cause and effect, but the trading points to investors treating PLS as a bet on Chinese lithium, not just on its new capex. The benchmark is down 14.3% in the past month.

PLS Group Ltd closed down 4.7% at A$5.88 on Friday, bringing its five-day loss to 9.8% as investors looked at the company’s early spending on expanding Pilgangoora and the sharp drop across mining stocks. Trading volume reached 37.1 million shares. The stock hit a session low of A$5.77. PLS is putting money in before the project has full sign-off and all the numbers are clear. Shares have jumped roughly 354% in the past year, making the stock more sensitive to shifts in lithium pricing, build costs, or any changes to the production timeline.

PLS Group shares closed 4.7% lower on Friday as investors weighed a fresh capital commitment against a broad retreat in Australian mining stocks. The stock finished at A$5.88 while the materials sector led the wider market lower. The A$175 million is pre-final investment decision expenditure, or money committed before the board formally approves full construction. PLS said the work would preserve the timetable for P2000, which could lift Pilgangoora’s capacity to about 2 million tonnes a year of spodumene concentrate, the lithium-rich material sold to chemical processors.

PLS Group opens Friday trading on the ASX after shares finished 2.99% lower at A$6.17. The stock tracked a sharp drop in Chinese lithium prices and dragged Australian battery-metal names lower. Thursday’s loss outpaced the broader market’s 0.62% drop. PLS is trading well above its early 2026 levels, after hitting a record A$6.81 earlier this month. The stock has already factored in a big rebound for lithium, which is making the market more sensitive to any pullback in the commodity.

PLS Group Ltd ended 4.48% lower at A$6.19 on Tuesday as the ASX moved higher. There was no fresh company news, but lithium stocks pulled back after recent gains. Shares traded from A$6.13 to A$6.40 and closed down 29 cents. Figures from Google Finance, checked at 4:11 p.m. Sydney. Bell Potter has kept its Hold on PLS, but raised the price target to A$6.15 from A$5.50, according to The Bull’s market wrap. The new target is still a shade below PLS's last close. That signals much of the expected benefit from better lithium prices, cash flow and the Ngungaju restart might already be in the stock.

PLS Group Limited dropped 0.61% to close at A$6.48 on Monday, giving back some of Friday’s 9.76% jump that pushed ASX:PLS to A$6.52. Shares are close to the 52-week high of A$6.81 and are still up for the week. The S&P/ASX 200 rose 1.25% to 8,914.00, so PLS shares looked like a bit of profit-taking after the big move, not a reaction to weaker markets. PLS trades in Australia as a pure-play lithium stock. The company, which used to be called Pilbara Minerals, operates Pilgangoora in Western Australia and owns Colina in Brazil. Its business is tied to spodumene concentrate it sells to the battery market. On June 15, spot lithium carbonate in China was quoted at 170,500 yuan a

Perth, June 14, 2026, 23:40. PLS Group Limited, formerly Pilbara Minerals, ended Friday’s ASX session at A$6.52, a 9.76% gain that put the lithium producer back near the top end of its recent trading range. The ASX page showed the latest company item on June 12 as a Change of Director’s Interest Notice, not a new operating update, so the share-price move appears more closely tied to lithium-market sentiment than to a fresh production disclosure.

PLS Group Limited jumped on Friday, gaining 9.8% to settle at A$6.52 as lithium shares rallied hard with Australian materials. Shares traded in a band from A$6.12 to A$6.52, ending just under the 52-week high. Market Index put turnover at around A$155.7 million. Lithium miners have seen wild swings recently. Materials stocks led gains as sector momentum outweighed any new earnings updates. The ASX 200 climbed 170.8 points, or 1.98%, to finish at 8,804.0, according to Market Index. Materials rose 4.06%. Lithium names kept up a run driven by commodity prices, as GFEX lithium carbonate futures rose 3.0% to CNY 176,560 per tonne. Lithium carbonate, a key battery material, is often watched for sentiment around the lithium space.

PLS Group Limited shares climbed on Thursday, beating the wider Australian market as lithium names bounced from earlier losses. The ASX-listed lithium producer ended at A$5.94, up 18 cents, or 3.13%. Shares traded between A$5.52 and A$5.96 during the session. S&P/ASX 200 ended down 20.1 points at 8,633.2, off 0.23%. The All Ordinaries slipped 0.23% to 8,836.7. Market Index said financials and tech stocks dragged the market, but materials were up 0.29%.

PLS Group Ltd closed down Tuesday. Traders looked at a fresh processing drive at Pilgangoora lithium, but the mood in resource stocks stayed weak. Short interest in the company climbed. The ASX-listed lithium producer ended at A$5.86, down 0.85% for the day, with shares changing hands between A$5.71 and A$5.90 by 4:11 p.m. in Sydney. About 29.95 million shares traded. The company’s market cap was near A$18.88 billion, Google Finance data show.

PLS Group shares look set for more pressure when trading resumes on Tuesday after falling 3.745% to A$5.910 at Friday’s close, slipping A$0.229 before the King’s Birthday holiday. The ASX cash market was shut on Monday for the public holiday. PLS, once called Pilbara Minerals, wants to prove it’s more than just a lithium ore miner. On Friday, it opened what the company says is Australia’s first mine-site lithium mid-stream processing plant at Pilgangoora, Western Australia. The plant will process mined material into a higher-value intermediate product, instead of just shipping ore, before battery chemicals are made.