Piedmont Lithium (NASDAQ:PLL) 주식

PIEDMONT LITHIUM INC

Piedmont Lithium

Pall

Pall Corporation

NYSE

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.

Commodities

AAUKF

GLDG

2024년 5월 17일 주요 뉴스: 1. BHP(NYSE:BHP) 주주들은 규제 기한이 점점 다가오고 있는 가운데 앵글로 아메리칸(OTC:AAUKF)에 대한 최후의 인수 입찰을 기대하고 있다. 

금요일 주요 광업 뉴스: BHP의 앵글로 인수 입찰, 맥이웬, 골드마이닝, 피드몬트 리튬

Loading,Of,Coal,Into,Truck.,Excavator,At,Work,.,Mining

UAMY

2024년 5월 15일 주요 뉴스: U.S. 안티모니: U.S. 안티모니(Antimony) (AMEX:UAMY)는 판매 비용 증가 감소로 인해 매출이 28% 증가한 283만 달러, 총 이익이 108% 증가한 1분기 결과를 보고했다. 

수요일 주요 광업 뉴스: U.S. 안티모니, 피드몬트 리튬, 페로글로브, 솔리타리오 리소스

METC

RGLD

2024년 5월 9일 주요 뉴스: 피드몬트 리튬(NASDAQ:PLL)은 69%의 기록적인 리튬 회수율을 달성한 노스 아메리칸 리튬(North American Lithium)에서 40,439드라이 메트릭톤(dmt)의 기록적인 생산량을 기록하며 1분기 실적을 보고했다. 

목요일 주요 광업 뉴스: 피드몬트 리튬, 라마코 리소스, 로얄 골드, 트레데거

Piedmont Lithium Inc

GEMFIELDS GROUP LTD by Gemfields Group Ltd.

Gemfields Group Ltd

Pirelli & C SpA

PLATA LATINA MINERALS CRP by Plata Latina Minerals Corp

Plata Latina Minerals Corp

Piedmont Lithium Inc Chess Depository Interest

PALLADON VENTURES LTD NEW by Palladon Ventures Ltd.

Palladon Ventures Ltd

POLAREAN IMAGING LTD by Polarean Imaging Ltd.

Polarean Imaging PLC

KoBold Metals, a startup backed by billionaires Bill Gates and Jeff Bezos, has approached the Democratic Republic of Congo's (DRC) government with an offer to develop one of the world's largest hard rock <a target="_blank" href="https://www.benzinga.com/topic/lithium" rel="noreferrer noopener">lithium mines</a>.
The mining startup looks to take over the disputed mining license for the Roche Dure deposit, taking advantage of the two governments' discussions about a potential <a target="_blank" href="https://www.benzinga.com/25/03/44216408/dr-congo-explores-a-minerals-for-security-deal-with-the-us" rel="noreferrer noopener">minerals-for-security partnership</a>.
KoBold's bid could resolve an ongoing dispute between Australia's AVZ Minerals and China's Zijin Mining Group. AVZ, which previously controlled the lithium project, lost its rights in 2023 when the government split the permit, handing part of it to Zijin. Per Bloomberg's <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-21/kobold-makes-offer-for-congo-lithium-as-country-courts-us" rel="noreferrer noopener">report</a>, KoBold's proposal involves compensating AVZ and acquiring the remaining stake while allowing Zijin to maintain control over the northern section of the deposit.
Despite an 80% decline in lithium prices since a peak in 2022, Zijin has actively expanded its operations, acting greedy when others are fearful in anticipation of a future demand and price rebound.
Meanwhile, KoBold staked its claim as a unique company in this industry, using a proprietary AI-powered technology that analyzes geological data more accurately than traditional exploration methods.
This tech-driven approach has attracted over $400 million in funding from high-profile investors, including Breakthrough Energy Ventures (founded by Gates) and Bezos' Bezos Expeditions.
Arguably, the company's best success has been in neighboring Zambia, where it found the Mingomba asset – possibly the <a target="_blank" href="https://www.benzinga.com/news/24/02/36940360/kobold-metals-announces-historic-copper-discovery-in-zambia" rel="noreferrer noopener">best copper asset in the country</a>. Experts believe that once operational in the early 2030s, it could rival Zijin's Kamoa-Kakula mine in DRC, which produced almost 400,000 tons of copper in 2023.
While DRC is the world's largest producer of cobalt, lithium extraction in the country has lagged behind other regions, such as Australia and South America.
Roche Dure could change the balance, placing the country on the map of major battery-grade lithium producers, as KoBold's interest aligns with the effort to bring this region closer under U.S. influence and pacify the unrest that threatens mineral production.
Still, extraction of hard rock lithium requires extensive open-pit excavation. This traditional method generates significantly more waste rock, consumes vast amounts of water, and uses toxic chemicals in processing, posing greater risks to local ecosystems and communities. Yet, in anticipation of lithium demand, companies are increasingly looking for large-scale projects.
KoBold Metals remains a private company, but CEO Josh Goldman told CNBC a year ago that it plans to go public within three to four years.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44442925/alaska-drilling-restrictions-set-to-be-lifted-as-energy-projects-advance" target="_blank" rel="noreferrer noopener">Alaska Drilling Restrictions Set To Be Lifted As Energy Projects Advance</a></li>
</ul>
Photo via Shutterstock

News

Asset Sales

Global

Markets

BATT

CARZ

DRIV

FEAM

Hycroft Mining Holding Corporation - Class A Common Stock

HYMC

IDRV

KARS

LITM

LTHM

Gates And Bezos-Backed Startup Makes Move For DR Congo's Lithium

WIIM

ASPI

BSLK

CRKN

CRML

CTVA

MATV

MEOH

NITO

SCCO

TROX

Shares of companies in the broader materials sector are trading lower amid overall market uncertainty after President Trump confirmed March 4 tariffs.

Roth MKM analyst Joe Reagor maintains Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) with a Neutral and lowers the price target from $13 to $8.25.

Price Target

Analyst Ratings

Roth MKM Maintains Neutral on Piedmont Lithium, Lowers Price Target to $8.25

Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) reported quarterly losses of $(0.17) per share which beat the analyst consensus estimate of $(0.50) by 66 percent. This is a 86.18 percent increase over losses of $(1.23) per share from the same period last year. The company reported quarterly sales of $45.600 million which beat the analyst consensus estimate of $33.823 million by 34.82 percent. This is a 723.80 percent increase over sales of $(7.310 million) the same period last year.

Earnings

Earnings Beats

Piedmont Lithium Q4 2024 Adj. EPS $(0.17) Beats $(0.50) Estimate, Sales $45.600M Beat $33.823M Estimate

ACCO

AKAM

ALIT

ALRM

ARDX

ATHM

AXTI

BABA

BAND

BBDC

BBIO

BIGC

BILI

BIRK

BJRI

BKNG

BLDR

CARG

CCRD

CDRO

CELH

CENX

CERS

CGAU

COKE

COLD

CPRT

CRAI

CSTM

DAVA

DBRG

DGICA

DGICB

DINO

DVAX

EPAM

ESAB

EXPI

FIVN

FRPT

FYBR

GDYN

GKOS

GLOB

GLPI

GMED

GRAL

INDI

INDV

INOD

INSM

IRTC

ITGR

Earnings Scheduled For February 20, 2025

General

Piedmont Posts ~55,700 dmt Of Spodumene Concentrate In Q4

ATLX

IONR

LAAC

SGML

Shares of lithium companies are trading lower. This year, the commodity has experienced an oversupply.

BMO Capital analyst Greg Jones maintains Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) with a Market Perform and raises the price target from $9.5 to $14.

BMO Capital Maintains Market Perform on Piedmont Lithium, Raises Price Target to $14

Piedmont Lithium shares are trading higher after Macquarie upgraded the stock from Underperform to Neutral and announced a price target of $13.5.

Ratings for Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Piedmont Lithium, revealing an average target of $12.97, a high estimate of $31.00, and a low estimate of $7.80. Highlighting a 28.42% decrease, the current average has fallen from the previous average price target of $18.12. 
<img src="https://www.benzinga.com/files/images/story/2024/1732190436_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Piedmont Lithium among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Austin Yun</td>
<td>Macquarie</td>
<td>Announces</td>
<td>Neutral</td>
<td>$13.50</td>
<td>-</td>
</tr>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Buy</td>
<td>$31.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Greg Jones</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$9.00</td>
<td>$8.50</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$8.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Hayden Bairstow</td>
<td>Macquarie</td>
<td>Announces</td>
<td>Underperform</td>
<td>$7.80</td>
<td>-</td>
</tr>
<tr>
<td>Greg Jones</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$8.50</td>
<td>$15.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Piedmont Lithium. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Piedmont Lithium compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Piedmont Lithium's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Piedmont Lithium's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PLL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Piedmont Lithium analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Piedmont Lithium's Background</h2>
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.
<h3>Piedmont Lithium's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Negative Revenue Trend: Examining Piedmont Lithium's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -41.3% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: Piedmont Lithium's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -60.32%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Piedmont Lithium's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -5.7%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Piedmont Lithium's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -4.99%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.09, Piedmont Lithium adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Piedmont Lithium Through The Eyes Of 6 Analysts

Macquarie analyst Austin Yun upgrades Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) from Underperform to Neutral and announces $13.5 price target.

Upgrades

Macquarie Upgrades Piedmont Lithium to Neutral, Announces $13.5 Price Target

Trading Halt: Halt status updated at 7:00:00 AM ET: Quotation Resumption: News and Resumption Times

Australia's Sayona Mining (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SYAXF#OTC">SYAXF</a>) and U.S.-based Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) announced a merger.
The two companies intend to form North America's largest hard rock<a href="https://www.benzinga.com/topic/lithium"> lithium producer</a>.
The all-stock deal results from a 50-50 equity split, creating a strengthened entity capable of navigating the challenging lithium market. Pending approval by the shareholders and regulators, the transaction is expected to close in the first half of 2025.
Sayona will become the parent company based in Australia. Its primary listing will be on the ASX and a secondary listing on Nasdaq. Sayona CEO Lucas Dow will lead the merged entity. Piedmont CEO Keith Phillips will be a strategic advisor.
"This merger marks a transformative step for Sayona and Piedmont," Dow <a href="https://wcsecure.weblink.com.au/pdf/SYA/02882580.pdf">said</a>, clarifying the potential for accelerated growth and improved strategic flexibility. 
The combined company would benefit from three feasibility-stage development projects and the opportunity for brownfield expansion at the North American Lithium (NAL) facility in Quebec. 
By consolidating ownership of NAL, the new entity will simplify corporate structures and unlock synergies, including cost savings from optimized logistics and procurement.
The two companies agreed on a merger following a prolonged lithium market downturn owing to oversupply and slower-than-anticipated electric vehicle adoption. Industry challenges have weighed on prices, but the combined company believes its enhanced scale and financial strength will provide resilience.
The new company will control considerable lithium resources, including ore reserves of 70.4 million tons at 1.15% lithium oxide and estimated resources of 153.5 million tons at 1.15% and 51.4 million tons at 1.07%.
Key assets include NAL in Quebec, the Carolina Lithium project in North Carolina, and spodumene assets in Ghana. Management noted the focus on accelerating NAL's brownfield expansion and advancing its other high-potential projects. Still, Sayona's Australian lithium holdings further diversify the portfolio, giving the company an advantage in serving global markets.
The lithium market experienced a severe crash after peaking at over $80,000 per ton in 2022. Still, despite persistent weakness, the market is showing signs of recovery after prices bottomed at $9,800 per ton.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/guidance/24/11/42043138/analysts-see-iron-ore-below-100-weak-chinese-demand">Analysts See Iron Ore Below $100, Weak Chinese Demand</a></li>
</ul>
Image: Shutterstock

SYAXF

Sayona Merges With Piedmont Lithium, Pursues North American Lithium Growth

Creates a leading North American lithium producer and developer
<ul>
<li>Piedmont and Sayona to combine in all-stock merger with ownership split of approximately 50% / 50% on a fully diluted basis immediately post-merger and prior to the conditional equity raising</li>
<li>Creating a leading North American hard rock lithium producer with geographically advantaged spodumene resources of global scale</li>
<li>Simplified corporate structure aligns North American Lithium ("NAL") offtake economics, and removes contractual complexities</li>
<li>Unified ownership of NAL unlocks the potential for a significant brownfield expansion</li>
<li>Combined scale provides strategic flexibility to combine and optimize downstream strategies</li>
<li>Material corporate, logistics, marketing, and procurement synergies</li>
<li>Significantly strengthened balance sheet with two stage equity financing, with post-merger raise led by cornerstone subscription from Resource Capital Fund VIII L.P. ("RCF VIII"), associated with Resource Capital Funds ("RCF"), a critical minerals and mining-focused global investment firm</li>
<li>MergeCo will endeavor to complete an additional equity raise for eligible retail shareholders post-closing</li>
</ul>

Reported Earlier, Piedmont And Sayona Merge To Form North America's Largest Hard Rock Lithium Producer

Trading Halt: Halted at 6:41:55 p.m. ET - Trading Halt: Halt News Pending

Piedmont Lithium (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) reported quarterly losses of $(0.42) per share which beat the analyst consensus estimate of $(0.58) by 27.59 percent. This is a 147.73 percent decrease over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $27.700 million which missed the analyst consensus estimate of $28.189 million by 1.74 percent. This is a 41.22 percent decrease over sales of $47.127 million the same period last year.

Earnings Misses

Piedmont Lithium Q3 2024 Adj. EPS $(0.42) Beats $(0.58) Estimate, Sales $27.700M Miss $28.189M Estimate

ABOS

ABSI

ACNT

ACTG

AENT

AGEN

AIOT

AIRG

ALTG

AMBC

AMPS

AMTX

APEI

AREB

ARIS

ARMN

ATRA

AUTL

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

Comments

Piedmont Lithium

뉴스

파트너 / 기고자

벤징가 글로벌