What moved PLS.AX stock pre-market today?

PLS.AX stock rose to A$5.25 pre-market on heavy volume of 55,740,311.00 shares. Traders cited intraday momentum and Basic Materials strength. No single official catalyst was released in the dataset, so watch production updates and lithium price moves for confirmation.

How does PLS.AX stock look on valuation metrics?

Valuation shows stretched multiples: price-to-sales **16.15** and price-to-book **4.38**. EPS is **-0.03** with a negative PE. The balance sheet is liquid but profitability is weak, so valuation depends on commodity price recovery.

What are Meyka AI’s short-term and 1-year forecasts for PLS.AX stock?

Meyka AI's forecast model projects a quarterly price of **A$5.76** (implied +9.71% vs A$5.25) and a 12-month price of **A$3.25** (implied -38.07%). Forecasts are model-based projections and not guarantees.

Should I trade PLS.AX stock now?

PLS.AX stock shows strong short-term momentum and elevated volume, making it a candidate for active trading. Use tight stops and position sizing. Long-term investors should seek clearer earnings recovery and commodity support before increasing exposure.

AU Stocks

PLS.AX stock A$5.25 pre-market ASX 27 Feb 2026: high volume, short-term focus

ByHuzaifa Zahoor February 27, 2026February 27, 2026

PLS.AX stock opened pre-market on the ASX at A$5.25, up 11.23% from the previous close. Volume has surged to 55,740,311.00 shares versus an average of 27,012,587.00, making Pilbara Minerals (PLS Group Limited) one of the most active names in Australia this session. Traders are reacting to strong intraday momentum and broader Basic Materials strength. We examine price drivers, fundamentals, technicals and Meyka AI’s model forecast to set near-term expectations for PLS.AX stock.