Is the Pilbara Minerals share price set for a rebound?
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The Pilbara Minerals Ltd (ASX: PLS) share price is currently trading at a 4-year low.
In fact, the Pilbara Minerals share price has shed more than 75% of its value over the last few years.
In October 2022, Pilbara Minerals shares were changing hands for about $5.42 each.
Today, Pilbara Minerals shares can be picked up for about $1.28 each.
Lithium miners across the board have watched their share prices tank as oversupply concerns have seen the price of lithium plummet.
Recent trade tensions and the resulting implications for global electric vehicle and battery manufacturers have cast more uncertainty over Chinese demand for lithium.
As such, it’s unclear if the price of lithium will continue to fall.
But…
