0316 GMT - PLS Group's stronger-than-expected production and meaningful cost outperformance drove a clear 3Q beat, according to its bull at RBC Capital Markets. Strong lithium pricing supported what analyst Kaan Peker calls a step-change in margins and cash generation. Peker tells clients in a note that PLS's underlying operational performance was solid, adding that balance-sheet strength and reaffirmed guidance reinforce near-term confidence. RBC has a last-published outperform rating and A$5.20 target price on the stock, which is up 4.1% at A$5.91. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 23, 2026 23:16 ET (03:16 GMT)
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