NASDAQ:PLL

Piedmont Lithium (PLL) Stock Price, News & Analysis

$13.21
-0.19 (-1.42%)
(As of 05/10/2024 ET)
Today's Range
$12.85
$13.64
50-Day Range
$11.11
$14.68
52-Week Range
$10.82
$65.72
Volume
483,897 shs
Average Volume
1.09 million shs
Market Capitalization
$255.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$67.00

Piedmont Lithium MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
407.2% Upside
$67.00 Price Target
Short Interest
Bearish
16.74% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.07mentions of Piedmont Lithium in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.35) to $0.52 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.

1.44 out of 5 stars

Basic Materials Sector

146th out of 179 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

16th 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

Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024? (PLL)
If you believe that EVs will become mainstream, then these two lithium stocks may recover in 2024 as lithium prices begin to recover
Gold Set to EXPLODE!
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Gold Set to EXPLODE!
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
3 Lithium Stocks to Buy Now: Q2 Edition
Why Piedmont Lithium Shares Are Surging Today
7 Battery Stocks to Buy Before the Next Big Rally
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/11/2024
Next Earnings (Estimated)
8/13/2024
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
63
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.00
High Stock Price Target
$184.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+407.2%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-21,780,000.00
Pretax Margin
-69.96%

Debt

Sales & Book Value

Annual Sales
$39.82 million
Book Value
$16.06 per share

Miscellaneous

Free Float
19,022,000
Market Cap
$255.75 million
Optionable
Optionable
Beta
0.77
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Key Executives


PLL Stock Analysis - Frequently Asked Questions

Should I buy or sell Piedmont Lithium stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Piedmont Lithium in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PLL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLL, but not buy additional shares or sell existing shares.
View PLL analyst ratings
or view top-rated stocks.

What is Piedmont Lithium's stock price target for 2024?

7 analysts have issued 12 month target prices for Piedmont Lithium's shares. Their PLL share price targets range from $15.00 to $184.00. On average, they anticipate the company's share price to reach $67.00 in the next year. This suggests a possible upside of 407.2% from the stock's current price.
View analysts price targets for PLL
or view top-rated stocks among Wall Street analysts.

How have PLL shares performed in 2024?

Piedmont Lithium's stock was trading at $28.23 at the start of the year. Since then, PLL stock has decreased by 53.2% and is now trading at $13.21.
View the best growth stocks for 2024 here
.

When is Piedmont Lithium's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our PLL earnings forecast
.

How were Piedmont Lithium's earnings last quarter?

Piedmont Lithium Inc. (NASDAQ:PLL) announced its quarterly earnings data on Thursday, February, 22nd. The mineral exploration company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by $1.61. The mineral exploration company earned ($7.31) million during the quarter, compared to the consensus estimate of $32.76 million.

What other stocks do shareholders of Piedmont Lithium own?

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

Who are Piedmont Lithium's major shareholders?

Piedmont Lithium's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.39%), Principal Financial Group Inc. (1.86%), Van ECK Associates Corp (1.25%), Mirae Asset Global Investments Co. Ltd. (0.96%), Simplex Trading LLC (0.00%) and State Board of Administration of Florida Retirement System (0.03%). Insiders that own company stock include Bruce Czachor, Claude Demby, David Klanecky, Jeffrey T Armstrong, Keith D Phillips, Krishna Mcvey, Michael A Bless, Michael D White and Patrick Brindle.
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.

This page (NASDAQ:PLL) was last updated on 5/11/2024 by MarketBeat.com Staff

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