Piedmont Lithium (PLL) Projected to Post Earnings on Thursday

Key Points

• Piedmont Lithium is set to release its Q2 2025 earnings on August 14th, with analysts predicting a loss of ($0.38) per share and revenue of $16.03 million.
• The company recently reported a significant earnings miss, with a loss of ($0.71) per share in its last quarter and revenue falling short of estimates at $20 million.
• Institutional investors hold over 52% of Piedmont Lithium's stock, including a hedge fund that dramatically increased its stake by 4,065.3% in the first quarter.

Piedmont Lithium (NASDAQ:PLL - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect Piedmont Lithium to post earnings of ($0.36) per share and revenue of $16.03 million for the quarter.

Piedmont Lithium (NASDAQ:PLL - Get Free Report) last announced its earnings results on Thursday, August 7th. The mineral exploration company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.36) by ($0.08). The company had revenue of $11.86 million during the quarter, compared to the consensus estimate of $16.03 million. Piedmont Lithium had a negative net margin of 50.60% and a negative return on equity of 18.39%. On average, analysts expect Piedmont Lithium to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Piedmont Lithium Price Performance

PLL traded up $0.37 on Friday, reaching $9.00. The company had a trading volume of 585,279 shares, compared to its average volume of 609,063. The company has a fifty day moving average of $6.88 and a 200-day moving average of $7.09. The company has a market capitalization of $197.55 million, a P/E ratio of -3.52 and a beta of 0.26. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.01. Piedmont Lithium has a one year low of $5.15 and a one year high of $15.44.

Institutional Investors Weigh In On Piedmont Lithium

A number of institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Piedmont Lithium by 50.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,226 shares of the mineral exploration company's stock valued at $159,000 after acquiring an additional 8,472 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Piedmont Lithium by 4,065.3% in the 1st quarter. Jones Financial Companies Lllp now owns 9,955 shares of the mineral exploration company's stock valued at $63,000 after acquiring an additional 9,716 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Piedmont Lithium by 10.1% during the second quarter. Geode Capital Management LLC now owns 500,713 shares of the mineral exploration company's stock valued at $2,915,000 after buying an additional 45,850 shares in the last quarter. 52.23% of the stock is owned by institutional investors and hedge funds.

Piedmont Lithium Company Profile

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.