Piedmont Lithium (PLL) to Release Earnings on Wednesday

Piedmont Lithium (NASDAQ:PLL - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Piedmont Lithium to post earnings of ($0.46) per share and revenue of $36.34 million for the quarter.

Piedmont Lithium (NASDAQ:PLL - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The mineral exploration company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.43) by ($0.12). The business had revenue of $45.59 million for the quarter, compared to analysts' expectations of $52.60 million. Piedmont Lithium had a negative net margin of 64.84% and a negative return on equity of 17.74%. 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 Stock Down 0.4 %

Piedmont Lithium stock traded down $0.03 during mid-day trading on Monday, reaching $7.47. 107,636 shares of the company were exchanged, compared to its average volume of 282,590. Piedmont Lithium has a 12-month low of $5.15 and a 12-month high of $16.58. The business has a fifty day moving average of $6.86 and a 200 day moving average of $9.10. The firm has a market cap of $163.92 million, a P/E ratio of -2.25 and a beta of 0.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 2.23.

Analyst Ratings Changes

Separately, Roth Mkm decreased their price target on shares of Piedmont Lithium from $13.00 to $8.25 and set a "neutral" rating for the company in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $12.75.

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.