Piedmont LithiumPLL
PLL
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more call options, than puts
Call options by funds: $7.85M | Put options by funds: $4.96M
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
5.34% less ownership
Funds ownership: 45.35% [Q2] → 40.01% (-5.34%) [Q3]
14% less funds holding
Funds holding: 122 [Q2] → 105 (-17) [Q3]
21% less capital invested
Capital invested by funds: $87.7M [Q2] → $69.4M (-$18.3M) [Q3]
59% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 29
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7.80
11%
downside
Avg. target
$14.86
70%
upside
High target
$31
255%
upside
5 analyst ratings
1 positive
20%
2 neutral
40%
2 negative
40%
BMO Capital Greg Jones 0 / 0 met price target | 60%upside $14 | Market Perform Maintained | 29 Nov 2024 |
Macquarie Austin Yun 0% 1-year accuracy 0 / 1 met price target | 54%upside $13.50 | Neutral Upgraded | 21 Nov 2024 |
Roth MKM Joe Reagor 29% 1-year accuracy 11 / 38 met price target | 255%upside $31 | Buy Reiterated | 30 Oct 2024 |
JP Morgan Bill Peterson 38% 1-year accuracy 10 / 26 met price target | 8%downside $8 | Underweight Downgraded | 21 Oct 2024 |
Macquarie Hayden Bairstow 100% 1-year accuracy 1 / 1 met price target | 11%downside $7.80 | Underperform Downgraded | 16 Oct 2024 |
Financial journalist opinion
Neutral
Newsfile Corp
1 week ago
CDN Maverick Provides Corporate Update, Property Payment Amendment, AGM Results
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - CDN Maverick Capital Corp. (CSE: CDN) (OTCQB: AXVEF) (FSE: 338B) ("CDN Maverick" or the "Company") is pleased to announce a major milestone with the successful renegotiation of the Nevasca Lithium property agreement, increasing its stake in NOA Lithium Brines Inc. ("NOAL") to 6,057,105 common shares and 3,296,470 warrants. CORPORATE UPDATE Sandy MacDougall, Executive Chairman of CDN Maverick, explains: "The Company continues to navigate a challenging period in the lithium market, marked by a dramatic price correction from highs of over $80,000 per ton in 2022 down to approximately $10,000 per ton today.
Neutral
Business Wire
4 weeks ago
PIEDMONT LITHIUM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Piedmont Lithium Inc. - PLL
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Piedmont Lithium Inc. (the “Company”) (NasdaqCM: PLL) and Sayona Mining Limited. Pursuant to the terms of the agreement, the Transaction will result in an approximate 50%/50% equity holding of shareholders of Piedmont and Sayona (on a fully diluted basis) in the combined company. KSF is seeking to determine.
Positive
The Motley Fool
1 month ago
Why Piedmont Lithium Stock Popped Today
Why Piedmont Lithium Stock Popped Today
Neutral
PRNewsWire
1 month ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Piedmont Lithium Inc. - PLL
NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Piedmont Lithium Inc. (NASDAQ: PLL ), relating to the proposed merger with Sayona Mining Limited.
Positive
Zacks Investment Research
1 month ago
PLL and Sayona Mining Set to Merge to Form Leading Lithium Producer
Piedmont Lithium and Sayona Mining Limited are set to combine in an all-stock merger to form a company with a strengthened balance sheet and solid growth prospects.
Neutral
Business Wire
1 month ago
PLL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Piedmont Lithium Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Piedmont Lithium Inc. (NASDAQ: PLL) and Sayona Mining Limited is fair to Piedmont shareholders. Halper Sadeh encourages Piedmont shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Piedmont and its board violated.
Neutral
Business Wire
1 month ago
Shareholder Alert: Ademi LLP Investigates Whether Piedmont Lithium Inc. is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Piedmont (NASDAQ: PLL) for possible breaches of fiduciary duty and other violations of law in its transaction with Sayona. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the stockholders of Piedmont will receive only Sayona ADSs corresponding to 527 Sayona ordinary shares for each P.
Positive
WSJ
1 month ago
Australia's Sayona Mining to Buy America's Piedmont Lithium
Sayona Mining agreed to buy North Carolina-based Piedmont Lithium to create a top North American lithium producer that can better withstand swings in the fast-growing lithium market.
Neutral
Business Wire
1 month ago
Piedmont Lithium and Sayona Mining to Merge
BELMONT, N.C.--(BUSINESS WIRE)---- $PLL #EV--Piedmont Lithium Inc. (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, and Sayona Mining Limited (“Sayona”) (ASX: SYA) announce the signing of a definitive agreement (the “Merger Agreement”) to combine the two companies to create a leading lithium business, resulting in Sayona being the ultimate parent entity (“MergeCo”) (the “Transaction”). The Transac.
Positive
Reuters
1 month ago
Australia's Sayona Mining buys US based Piedmont Lithium
Australia's Sayona Mining said on Tuesday it is buying U.S.-based Piedmont Lithium in a deal that will consolidate their Canadian operations while shoring up exposure to the North American electric vehicle industry, including Piedmont customer Tesla.
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