Piedmont LithiumPLL
Market Cap: $129M
About: Piedmont Lithium Inc, is a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and U.S. and world-wide energy security. Its portfolio of wholly-owned projects includes Carolina Lithium, a proposed fully integrated spodumene ore-to-lithium hydroxide project in Gaston County, North Carolina, and Tennessee Lithium, a proposed merchant lithium hydroxide manufacturing plant in McMinn County, Tennessee.
Employees: 63
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
55% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $8.96M
1% less funds holding
Funds holding: 121 [Q1] → 120 (-1) [Q2]
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
1.99% less ownership
Funds ownership: 45.39% [Q1] → 43.4% (-1.99%) [Q2]
30% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 43
32% less capital invested
Capital invested by funds: $123M [Q1] → $83.9M (-$39M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
BMO Capital Greg Jones 0 / 0 met price target | 27%upside $8.50 | Market Perform Maintained | 6 Sept 2024 |
B. Riley Securities Matthew Key 0% 1-year accuracy 0 / 4 met price target | 199%upside $20 | Buy Maintained | 12 Aug 2024 |
Macquarie Hayden Bairstow 0 / 0 met price target | 39%upside $9.30 | Neutral Downgraded | 12 Aug 2024 |
Roth MKM Joe Reagor 21% 1-year accuracy 7 / 34 met price target | 499%upside $40 | Buy Reiterated | 9 Aug 2024 |
Roth MKM Joe Reagor 21% 1-year accuracy 7 / 34 met price target | 813%upside $61 | Buy Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 23 articles about PLL published over the past 30 days