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Piedmont Lithium Ltd (PLL)
NASDAQ:PLL
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PLL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.57 - $44.82
Previous Close$7.25
Volume421.55K
Average Volume (3M)499.20K
Market Cap
$140.86M
Enterprise Value$85.54M
Total Cash (Recent Filing)$58.98M
Total Debt (Recent Filing)$3.66M
Price to Earnings (P/E)―
Beta2.10
Next Earnings
Nov 01, 2024EPS Estimate
-$0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.43
Shares Outstanding19,371,416
10 Day Avg. Volume438,717
30 Day Avg. Volume499,202
Standard Deviation0.44
R-Squared0.00914
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)0.47
Price to Sales (P/S)2.11
Price to Cash Flow (P/CF)-76.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.29
Enterprise Value/Gross Profit15.06
Enterprise Value/Ebitda-6.08
Forecast
1Y Price Target
$16.47Price Target Upside126.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Piedmont Lithium News
PremiumCompany Announcements
Piedmont Lithium Secures Environmental Permit for Ghana Project
Bulls Say, Bears Say
Bulls Say
Market ConditionsCurrent market conditions are likely to improve significantly in the next 12-18 months resulting in a higher valuation of PLL's shares.
Offtake ContractsOfftake contracts with TSLA and LG ramp up in 2H24 should lead to less volatile pricing going forward.
Production PerformanceNAL operating performance continues to improve with record quarterly production of ~49.7kt (+23% q/q) and process plant utilization at 83% (+10% q/q).
Bears Say
Financial PerformanceAdjusted EBITDA in 2Q24 was -$13.2mm which was a bit worse than our estimate of -$11.5mm and consensus of -$4.9mm.
Regulatory HurdlesPLL has not yet applied for the necessary Carolina zoning variance and that county commissioners will not consider any changes until 2025 at the earliest.
Strategic DecisionsPLL no longer planning to develop a plant in Tennessee.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PLL FAQ
What was Piedmont Lithium Ltd’s price range in the past 12 months?
Piedmont Lithium Ltd lowest stock price was $6.57 and its highest was $44.82 in the past 12 months.
What is Piedmont Lithium Ltd’s market cap?
Currently, no data Available
When is Piedmont Lithium Ltd’s upcoming earnings report date?
Piedmont Lithium Ltd’s upcoming earnings report date is Nov 01, 2024 which is in 43 days.
How were Piedmont Lithium Ltd’s earnings last quarter?
Piedmont Lithium Ltd released its earnings results on Aug 08, 2024. The company reported -$0.65 earnings per share for the quarter, missing the consensus estimate of -$0.363 by -$0.287.
Is Piedmont Lithium Ltd overvalued?
According to Wall Street analysts Piedmont Lithium Ltd’s price is currently Undervalued.
Does Piedmont Lithium Ltd pay dividends?
Piedmont Lithium Ltd does not currently pay dividends.
What is Piedmont Lithium Ltd’s EPS estimate?
Piedmont Lithium Ltd’s EPS estimate is -$0.4.
How many shares outstanding does Piedmont Lithium Ltd have?
Piedmont Lithium Ltd has 19,429,000 shares outstanding.
What happened to Piedmont Lithium Ltd’s price movement after its last earnings report?
Piedmont Lithium Ltd reported an EPS of -$0.65 in its last earnings report, missing expectations of -$0.363. Following the earnings report the stock price went down -1.788%.
Which hedge fund is a major shareholder of Piedmont Lithium Ltd?
Among the largest hedge funds holding Piedmont Lithium Ltd’s share is Deerfield Management Company, LP. It holds Piedmont Lithium Ltd’s shares valued at 393K.
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Piedmont Lithium Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$16.47 (126.86% Upside)
$16.47 (126.86% Upside)
Blogger Sentiment
Bullish
PLL Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 38.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.14%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.96%
Trailing 12-Months
Company Description
Piedmont Lithium Ltd
Piedmont Lithium Ltd is a lithium-based company focused on the development of its Piedmont Lithium Project in North Carolina.
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PLL Company Deck
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PLL Earnings Call
Q2 2024
0:00 / 0:00
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PLL Stock 12 Month Forecast
Average Price Target
$16.47
▲(126.86% Upside)
Technical Analysis
Best Analysts Covering PLL
1 Year
1 Year Success Rate
1/12 ratings generated profit
1 Year Average Return
-31.14%
reiterated a buy rating last month
Copying Joseph Reagor's trades and holding each position for 1 Year would result in 8.33% of your transactions generating a profit, with an average return of -31.14% per trade.
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