So the PLS share price made it past $5. Big deal. What’s next?
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The PLS Group Ltd (ASX: PLS) share price is trading in the green at the time of writing on Thursday afternoon. The shares are up 1.41% to $5.02 in what is the first time the stock has broken the $5 barrier since August 2023.
The Australian lithium miner’s shares have had an incredible run throughout the first few weeks of the year. For the year to date, the shares are up 16.47% and the stock is currently trading 109.3% higher than this time last year.
What caused the PLS share price surge?
The PLS share price has been steadily rising over the past six months, and at a pretty fast pace.
Most of the increase is due to a rally in lithium prices and sentiment, primarily driven by a surge in interest in…
