Market Mover | Pilbara stock jumps 5.35%, rebounding near the support level
Market Mover | Pilbara stock jumps 5.35%, rebounding near the support level
Support: A$2.86$Pilbara Minerals Ltd (PLS.AU)$ stock jumped 5.35% on Friday, with trading volume expanding to A$69.52 million. Pilbara has risen 10.07% in the past week, with a cumulative loss of 19.75% year-to-date.
$Pilbara Minerals Ltd (PLS.AU)$ 股票周五上涨了5.35%，交易量扩大到6952万澳元。皮尔巴拉上周上涨了10.07%，但今年累计亏损了19.75%。
Pilbara's technical analysis chart:
Pilbara的技术面分析图表：
Technical Analysis:
技术面分析：
Support: A$2.86
压力位：A$2.86
Resistance: A$3.72
支撑位：A$3.72
Price range A$2.86 to A$3.72: The trading range indicates a heavy concentration of buy orders, with the stock price on an upward trend and strong upward momentum. The trading range suggests a sparse distribution of locked-in positions, leading to reduced resistance to upward price movement. The stock price bounced back after finding support near A$2.86. It repeatedly touched around A$3.72, establishing a level of resistance that impedes further upward movement. There are also some trapped positions around A$3.72, and it is necessary to observe whether the resistance level near A$3.72 can be effectively broken through.
价格区间A$2.86至A$3.72：交易区间显示买单集中，股价呈现上涨趋势并具有强劲的上行动能。交易区间暗示锁定头寸分布稀疏，降低了向上价格运动的阻力。股价在A$2.86附近找到支撑后反弹。它反复接近A$3.72，建立了一个阻碍进一步上涨的阻力水平。在A$3.72附近也有一些被困住的头寸，需要观察A$3.72附近的阻力位能否有效突破。
Market News :
市场资讯：
Pilbara released its FY2024 results at the end of August, with a 69% decline in revenue to A$1.254 billion. This decrease was primarily attributed to the downward trend in lithium prices. During the reporting period, the company's average estimated realized price for spodumene concentrate dropped by 74% to A$1,762 per dry metric tonne (CIF China) on a ~SC5.3 basis. As for profit, Pilbara's EBITDA of A$538 million was 84% lower than the same period last year, mainly due to lower realized prices. However, lower total costs and higher sales volumes partially offset this decline. The EBITDA margin remained strong at 43% for the period. The underlying profit after tax and statutory profit after tax also experienced significant decreases of 86% and 89% respectively.
Pilbara在八月底发布了其2024财年的业绩报告，营业收入下降了69%，至澳元12.54亿。这一下降主要归因于锂价格的下降趋势。在报告期内，该公司的锂辉石精矿浓缩物的平均实现价格下降了74%，至每干吨澳元1,762（到岸价中国），基于~SC5.3的单价。至于利润，Pilbara的A$5,380万的EBITDA比去年同期下降了84%，主要是由于实现价格较低。然而，较低的总成本和更高的销售量部分抵消了这一下降。该期间的EBITDA利润率保持在43%的高水平。税后基本盈利和法定税后纯利也分别大幅下降了86%和89%。
Previously, the reduction in supply from CATL was expected to drive up the price of lithium mines, leading to a rebound in stock prices. Recently, Australian mining stocks are likely to benefit from China's economic stimulus measures, with shares continuing to rise.
此前，预计CATL的供应减少将推动锂矿价格上涨，导致股票价格反弹。最近，澳大利亚矿业股票可能受益于中国的经济刺激措施，股份继续上涨。
Overall Analysis:
总体分析：
Fundamentally, focus on the company's performance and operational status, as well as the fluctuations in lithium ore prices. Technically, pay attention to whether the support levels hold and if the resistance levels can be effectively breached.
基本面上，重点关注公司的表现和运营状况，以及锂矿矿石价格的波动。技术上，注意支撑位能否保持，以及阻力位能否有效突破。
In this scenario, investors should adopt a cautious strategy, setting stop-loss points to manage risk and maintaining ongoing vigilance regarding company developments and market conditions.
在这种情况下，投资者应采取谨慎的策略，设置止损点来管理风险，并对公司发展和市场情况保持持续警惕。
Source: Pilbara, Bloomberg
来源: Pilbara，彭博
