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NASDAQ:PLL

Piedmont Lithium (PLL) Stock Price, News & Analysis

$6.82
-0.64 (-8.58%)
(As of 11:49 AM ET)
Today's Range
$6.70
$7.38
50-Day Range
$7.09
$12.75
52-Week Range
$6.70
$46.33
Volume
348,230 shs
Average Volume
630,675 shs
Market Capitalization
$132.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.61

Piedmont Lithium MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
267.3% Upside
$24.69 Price Target
Short Interest
Bearish
17.50% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Piedmont Lithium in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.26) to ($0.19) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.04 out of 5 stars

Basic Materials Sector

135th out of 179 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

12th out of 20 stocks

PLL stock logo

About Piedmont Lithium Stock (NASDAQ:PLL)

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.

PLL Stock Price History

PLL Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
PLL Sep 2024 18.000 put (PLL240920P00018000)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Piedmont Lithium Inc. (PLLTL)
The 3 Best Lithium Stocks to Buy in August 2024
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See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/06/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

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
$24.69
High Stock Price Target
$60.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+248.5%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-21,780,000.00
Pretax Margin
-61.06%

Debt

Sales & Book Value

Annual Sales
$39.82 million
Book Value
$17.30 per share

Miscellaneous

Free Float
19,026,000
Market Cap
$142.37 million
Optionable
Optionable
Beta
0.80
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Key Executives


PLL Stock Analysis - Frequently Asked Questions

How have PLL shares performed this year?

Piedmont Lithium's stock was trading at $28.23 at the start of the year. Since then, PLL stock has decreased by 76.2% and is now trading at $6.72.
View the best growth stocks for 2024 here
.

How were Piedmont Lithium's earnings last quarter?

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

Who are Piedmont Lithium's major shareholders?

Piedmont Lithium's top institutional investors include Millennium Management LLC (1.97%), Principal Financial Group Inc. (1.78%), Point72 Asset Management L.P. (1.55%) and HITE Hedge Asset Management LLC (0.77%). Insiders that own company stock include Keith D Phillips, Patrick Brindle, Jeffrey T Armstrong, Michael D White, Bruce Czachor, Krishna Mcvey and David Klanecky.
View institutional ownership trends
.

How do I buy shares of Piedmont Lithium?

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.

What other stocks do shareholders of Piedmont Lithium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Piedmont Lithium investors own include NIO (NIO), QUALCOMM (QCOM), Workhorse Group (WKHS), Pfizer (PFE), Tesla (TSLA), Plug Power (PLUG) and Sorrento Therapeutics (SRNE).

This page (NASDAQ:PLL) was last updated on 9/6/2024 by MarketBeat.com Staff

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