Free Trial
NASDAQ:PLL

Piedmont Lithium (PLL) Stock Price, News & Analysis

Piedmont Lithium logo
$9.79 +0.67 (+7.35%)
As of 01/3/2025 05:45 PM Eastern

About Piedmont Lithium Stock (NASDAQ:PLL)

Key Stats

Today's Range
$9.19
$9.97
50-Day Range
$8.46
$13.64
52-Week Range
$6.57
$26.50
Volume
425,188 shs
Average Volume
359,144 shs
Market Capitalization
$190.30 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.21
Consensus Rating
Hold

Company Overview

Piedmont Lithium Inc., a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,706 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States. It also owns a real property of approximately 5 acres in Bessemer City, North Carolina; and 61-acre property in Kings Mountain, North Carolina. The company was founded in 2016 and is headquartered in Belmont, North Carolina.

Piedmont Lithium Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

PLL MarketRank™: 

Piedmont Lithium scored higher than 60% of companies evaluated by MarketBeat, and ranked 115th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Piedmont Lithium has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Piedmont Lithium has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Piedmont Lithium's stock forecast and price target.
  • Earnings Growth

    Earnings for Piedmont Lithium are expected to grow in the coming year, from ($3.16) to ($0.77) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Piedmont Lithium is -2.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Piedmont Lithium is -2.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Piedmont Lithium has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    16.21% of the outstanding shares of Piedmont Lithium have been sold short.
  • Short Interest Ratio / Days to Cover

    Piedmont Lithium has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Piedmont Lithium has recently decreased by 3.37%, indicating that investor sentiment is improving.
  • Percentage of Shares Shorted

    16.21% of the outstanding shares of Piedmont Lithium have been sold short.
  • Short Interest Ratio / Days to Cover

    Piedmont Lithium has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Piedmont Lithium has recently decreased by 3.37%, indicating that investor sentiment is improving.
  • Search Interest

    Only 9 people have searched for PLL on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Piedmont Lithium to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Piedmont Lithium insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $515,383.00 in company stock.

  • Percentage Held by Insiders

    Only 1.81% of the stock of Piedmont Lithium is held by insiders.

  • Percentage Held by Institutions

    52.23% of the stock of Piedmont Lithium is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Piedmont Lithium's insider trading history.
Receive PLL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Piedmont Lithium and its competitors with MarketBeat's FREE daily newsletter.

PLL Stock News Headlines

Piedmont Lithium Expands ASX Securities Quotation
$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates... but could soon have an enormous impact on your wealth.
Macquarie Upgrades Piedmont Lithium (PLL)
Piedmont Lithium downgraded to Neutral from Buy at Roth MKM
Why Piedmont Lithium Stock Popped Today
See More Headlines

PLL Stock Analysis - Frequently Asked Questions

Piedmont Lithium's stock was trading at $8.74 on January 1st, 2025. Since then, PLL stock has increased by 12.0% and is now trading at $9.79.
View the best growth stocks for 2025 here
.

Piedmont Lithium Inc. (NASDAQ:PLL) released its quarterly earnings results on Thursday, August, 8th. The mineral exploration company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by $0.53. The mineral exploration company had revenue of $13.23 million for the quarter, compared to analysts' expectations of $14.89 million.

Top institutional shareholders of Piedmont Lithium include GAMMA Investing LLC (0.02%). Insiders that own company stock include Keith D Phillips, Patrick Brindle, Jeffrey T Armstrong, Michael D White, Bruce Czachor and Krishna Mcvey.
View institutional ownership trends
.

Shares of PLL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Piedmont Lithium investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/08/2024
Today
1/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:PLL
CUSIP
69642930
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.21
High Stock Price Target
$60.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+116.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$-21,780,000.00
Pretax Margin
-174.92%

Debt

Sales & Book Value

Annual Sales
$46.98 million
Book Value
$17.30 per share

Miscellaneous

Free Float
19,086,000
Market Cap
$190.30 million
Optionable
Optionable
Beta
0.72
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

This page (NASDAQ:PLL) was last updated on 1/5/2025 by MarketBeat.com Staff
From Our Partners