Piedmont Lithium Reports Changes in Securities Issuance

An update from Piedmont Lithium ( (AU:PLL) ) is now available.

Piedmont Lithium Inc. announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a net reduction of 60,205,300 CDIs for May 2025. This change is attributed to net transfers of securities between CDIs and common stock, reflecting the company’s ongoing adjustments in its securities management. The announcement highlights Piedmont Lithium’s active management of its securities, which could impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:PLL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Piedmont Lithium stock, see the AU:PLL Stock Forecast page.

More about Piedmont Lithium

Piedmont Lithium Inc. operates in the lithium industry, focusing on the production and supply of lithium resources. The company is involved in the development of lithium projects and is listed on the ASX under the code PLL.

YTD Price Performance: -33.79%

Average Trading Volume: 1,467,065

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$209.9M

For detailed information about PLL stock, go to TipRanks’ Stock Analysis page.