Piedmont Lithium Inc. (PLL)

NASDAQ: PLL · IEX Real-Time Price · USD
28.23
-1.94 (-6.43%)
At close: Dec 29, 2023, 4:00 PM
28.20
-0.03 (-0.11%)
After-hours: Dec 29, 2023, 7:57 PM EST
-6.43%
Market Cap 542.28M
Revenue (ttm) 47.13M
Net Income (ttm) -7.29M
Shares Out 19.21M
EPS (ttm) -0.45
PE Ratio n/a
Forward PE 4.56
Dividend n/a
Ex-Dividend Date n/a
Volume 676,645
Open 30.05
Previous Close 30.17
Day's Range 27.51 - 30.05
52-Week Range 23.15 - 76.78
Beta 0.54
Analysts Strong Buy
Price Target 108.00 (+282.57%)
Earnings Date Nov 7, 2023

About 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 3,245 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 in... [Read more]

Sector Materials
IPO Date Nov 7, 2017
Employees 40
Stock Exchange NASDAQ
Ticker Symbol PLL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PLL stock is "Strong Buy." The 12-month stock price forecast is $108.0, which is an increase of 282.57% from the latest price.

Price Target
$108.0
(282.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Piedmont Lithium Exercises Initial Earn-In Right For Interest in Killick Lithium; Issues $1 Million in Shares Each to Benton and Sokoman

Thunder Bay, Ontario--(Newsfile Corp. - November 23, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") are pleased to announce that...

5 weeks ago - Newsfile Corp

THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Featuring Critical & Battery Metals Day, June 5

Opening Keynote Speaker: Sean Roosen, CEO & Chairman, Osisko Development Corp. Special Sponsor: Government of Québec Premier Sponsor: Laurentian Bank Securities Platinum/Critical Metals Day Sponsor: N...

Other symbols: AEMHLNMGODV
6 weeks ago - Newsfile Corp

Lithium prices will stabilize and begin to rebound, says Piedmont CEO Keith Phillips

Keith Phillips, CEO and president at Piedmont Lithium, joins 'The Exchange' to discuss the demand in the electric vehicles market, global supply vs. demand for lithium, and more.

7 weeks ago - CNBC Television

Piedmont records first revenue and profit as lithium shipments begin

(Kitco News) - Piedmont Lithium said that the third quarter was "transformational" for the company as it made its first customer shipments.

7 weeks ago - Kitco

Piedmont Lithium Reports Third Quarter 2023 Results

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

7 weeks ago - Business Wire

High-grade North American Lithium Drill Results Show Potential for Mineral Resource Upgrade

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

2 months ago - Business Wire

Piedmont Lithium Updates Timing of Q3 Earnings Release

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

2 months ago - Business Wire

Top 4 Materials Stocks That Could Blast Off In Q4 - Chemours (NYSE:CC), American Battery Tech (NASDAQ:ABAT)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: CCABATIONR
2 months ago - Benzinga

Ghana Issues Mining Lease for Ewoyaa Project

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

2 months ago - Business Wire

Increasing Demand for EVs & Shift Toward Clean Energy Driving Lithium Billion Dollar Market Growth

FinancialNewsMedia.com  News Commentary PALM BEACH, FL , Oct. 17, 2023 /PRNewswire/ -- The automobile industry is currently dominated by fossil fuel consumption but is increasingly moving toward becom...

Other symbols: AMLILACSLI
2 months ago - PRNewsWire

Piedmont Lithium to Release Third-Quarter 2023 Earnings on November 6, 2023

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

2 months ago - Business Wire

Piedmont Lithium acquires stake in Newfoundland junior

(Kitco News) - Piedmont Lithium (ASX: PLL) announced today it acquired a 19.9% stake in a lithium project in Newfoundland, Canada.

2 months ago - Kitco

Piedmont Lithium Inc. Enters into Definitive Agreements with Benton Resources Inc. and Sokoman Minerals Corp. to Acquire an Interest in the Killick Lithium Project

Thunder Bay, Ontario--(Newsfile Corp. - October 11, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") are pleased to announce the e...

2 months ago - Newsfile Corp

Piedmont Lithium Partners With Vinland Lithium to Advance the Killick Lithium Project in Newfoundland

BELMONT, North Carolina--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. ...

2 months ago - Business Wire

Lithium supply may tighten in the years ahead, driving prices higher along with it

Investors shouldn't be discouraged by the recent price declines in battery-grade lithium, with expectations for growth in demand from the electric vehicle market still strong.

Other symbols: LAC
3 months ago - Market Watch

Ghana Sovereign Wealth Fund to Invest in Ewoyaa Project

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

3 months ago - Business Wire

'It's white gold, it's the next rush' - Piedmont Lithium's Keith Phillips on Canada's critical mineral sector

(Kitco News) - Being a cash-generating miner makes you popular, noted Piedmont Lithium CEO Keith Phillips.

4 months ago - Kitco

Piedmont Lithium Announces Fall Conference Participation

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global producer of lithium resources critical to the U.S. electric v...

4 months ago - Business Wire

Piedmont receives partial prepayment of $31.6M for NAL lithium concentrate shipment

(Kitco News) - Lithium producer Piedmont Lithium (Nasdaq: PLL) today announced partial prepayment of $31.6 million for September shipment of 15,000 dry metric tons (dmt) of lithium concentrate to a ma...

4 months ago - Kitco

Piedmont Lithium receives first payment for NAL shipment

Piedmont Lithium said on Tuesday it has received a partial prepayment of $31.6 million for the sale of 15,000 dry metric tonnes (dmt) of lithium concentrate under its offtake deal with North American ...

4 months ago - Reuters

Piedmont Lithium Receives Partial Prepayment for Inaugural Shipment Under NAL Offtake Agreement

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicl...

4 months ago - Business Wire

Piedmont commits funding to develop the Ewoyaa lithium project in Ghana

(Kitco News) - Piedmont said the funding to support Ewoyaa furthers the company's strategy to supply crucial lithium resources to U.S. electric vehicle and battery manufacturers.

4 months ago - Kitco

Piedmont Lithium Plans Development Funding for Ewoyaa

BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global producer of lithium resources critical to the U.S. electric vehicl...

4 months ago - Business Wire

20 EV stocks that are expected to soar at least 38%, even after this year's rebound

This is the first of two Deep Dives screening EV-related stocks. This screen is based on analysts' ratings and consensus price targets.

5 months ago - Market Watch

Piedmont Lithium's plans to supply Tesla face skeptical North Carolina officials

Piedmont Lithium faced a slew of skeptical questions from local North Carolina officials on Tuesday about its controversial plans for a lithium mine that would supply the electric vehicle battery meta...

Other symbols: TSLA
5 months ago - Reuters