PLS ASX

2022 - 6 - 1

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Image courtesy of "Motley Fool Australia"

Why is the Pilbara Minerals share price cratering 17% today? (Motley Fool Australia)

The Pilbara Minerals Ltd (ASX: PLS) share price is plummeting today with the lithium explorer's shares shedding 17% so far.

The broker has placed a price target of $3 on the companyโ€™s share price. Pilbara Minerals shares are falling, but they are not the only lithium share to plunge. For perspective, the S&P/ASX 200 Materials Index (ASX: XMJ) is down 0.98% so far.

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