Streetbeat News

PLL

Piedmont Lithium Inc.

https://www.piedmontlithium.com

Industry

Industrial Materials

Piedmont Lithium Inc., an exploration 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 3,116 acres located within the Carolina Tin-Spodumene Belt situated to the west of Charlotte, North Carolina in the United States. It also owns a 61-acre property in Kings Mountain, North Carolina. Piedmont Lithium Inc. is headquartered in Belmont, North Carolina.

Open

11.12

Mkt cap

239M

Volume

802K

High

11.15

P/E Ratio

-2.58

52-wk high

31.82

Low

10.22

Div yield

N/A

52-wk low

6.57

Piedmont Lithium and Sayona Mining Limited are merging in an all-stock deal to create a leading lithium producer with a stronger balance sheet and growth potential.

Portfolio Pulse from

November 19, 2024 | 5:30 pm

Piedmont Lithium Inc. (PLL) held its Q3 2024 earnings conference call, discussing financial results and company updates. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 12, 2024 | 5:00 pm

Piedmont Lithium Inc. (PLL) reported a Q3 loss of $0.86 per share, missing the Zacks Consensus Estimate of a $0.46 loss. This is a significant decline from the $0.88 earnings per share reported a year ago.

Portfolio Pulse from

November 12, 2024 | 2:15 pm

Roth MKM analyst Joe Reagor has reiterated a Buy rating on Piedmont Lithium but has lowered the price target from $40 to $31.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:22 pm

Piedmont Lithium (PLL) is gaining attention as traders circulate a newsletter by James Altucher, which mentions the stock as a buy. This could influence short-term trading activity.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 4:53 pm

BMO Capital has maintained a Market Perform rating on Piedmont Lithium and raised its price target from $8.5 to $9.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 1:04 pm

Piedmont Lithium shares rose as the company announced record production, shipping over 31,000 tons of Spodumene in Q3 for electric vehicle supply chains.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:11 pm

Piedmont Lithium (NASDAQ: PLL) reported record production and shipping of 31,500 tons of spodumene in Q3 2024, with plans to ship 116,000 tons in 2024. The company, in partnership with Sayona Mining, achieved high production and operational performance at North American Lithium. A shipment shift to early 2025 is expected to benefit 2025 totals.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 10:55 am

The US Geological Survey discovered a significant lithium reserve in Arkansas, potentially impacting Exxon Mobil's plans for lithium extraction. Exxon aims to produce lithium for electric vehicles by 2030 using Direct Lithium Extraction technology. This discovery could reduce US reliance on foreign lithium imports.

Portfolio Pulse from Stjepan Kalinic

October 23, 2024 | 4:42 pm

Piedmont Lithium's stock is experiencing a decline following a downgrade by JP Morgan from Neutral to Underweight, with a reduced price target from $9 to $8.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.