The 6 analysts offering 12-month price forecasts for Piedmont Lithium Inc have a median target of 95.00, with a high estimate of 124.00 and a low estimate of 85.00. The median estimate represents a +29.82% increase from the last price of 73.18.
Similarly Is Pilbara Minerals a good investment? The Pilbara Minerals share price is rated as a buy by Macquarie, with a price target of $3.50 because of the strong lithium prices that the company is currently benefiting from.
What is PLL target price? Stock Price Target PLL
| High | $ 124.00 |
|---|---|
| Median | $ 95.00 |
| Low | $ 85.00 |
| Average | $ 100.43 |
| Current Price | $ 73.11 |
Additionally, Is Piedmont overvalued?
Piedmont Lithium does seem significantly overvalued for what is actually on offer. Being able to process a spodumene derived lithium concentrate into battery material has value, but this much? Spodumene mining itself looks overvalued at this price – this is the marginal source of lithium after all.
Is Lac a good buy?
Lithium Americas Corp.
may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of LAC, demonstrate its potential to underperform the market.
Will pls ever pay dividends? There is no dividend history for Pilbara Minerals Limited.
What is the future of Pilbara Minerals? For the current fiscal year, despite slashing forecasts, Pilbara still expects shipments to rise to between 380,000 and 440,000 tonnes. Given the tight supply, it has lifted the forecast for average price in the December quarter to the top end of its $1,650 to $1,800 per ton guidance range.
Is pls a good share? Earnings Trend: PLS has become profitable over the past 5 years, growing earnings by 4% per year. Accelerating Growth: PLS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Why is Piedmont lithium halted?
But five out of seven county officials have now stated they may block or delay the project because Piedmont has failed to inform them about the mine’s potential environmental impacts – including effects on noise, dust, vibrations, water and air quality.
Why is PLL not trading? The company now in full damage control, announcing a trading halt after shares fell 21.03% today. CEO Kieth Phillips is set to address the commission tonight around plans to apply for a state mining permit this summer, begin construction in April 2022 and be in production by the second half of 2023.
Why is Piedmont lithium stock dropping?
Why? The most logical conclusion is that investors are reacting negatively to Piedmont’s Form 6-K, filed with the SEC today, in which the company advises that its board of directors has voted unanimously in favor of redomiciling (i.e. moving the headquarters) to the United States.
When did PLL go public? Trading commenced in the U.S. on May 7, 2018 under the ticker symbol « PLLL ». Each ADR represents 100 ordinary shares in the Company. The Company’s ordinary shares will continue to trade on the Australian Stock Exchange under the symbol « PLL ».
Is Lithium Americas a buy?
Lithium Americas has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Is Lithium Americas a good stock?
Lithium Americas Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Lithium Americas Corp.
Why is lithium going down? Despite the fact that lithium demand is expected to explode over the coming years with demand for electric vehicles projected to skyrocket, the metal’s prices in 2019 have been falling due to an oversupply problem caused by an avalanche of new lithium supplies.
Is PLS in a trading halt? The Pilbara Minerals share price was placed in a trading halt today pending the release of an announcement. The release explains that the announcement relates to the company entering into a strategic transaction concerning a downstream joint venture.
Does Pilbara Minerals pay dividend?
ASX:PLS has not paid any dividends yet.
Why is PLS in a trading halt? The shares of PLS have been put on a trading halt at the request of the Company pending an announcement concerning a strategic transaction on a downstream joint venture.
Who owns lithium Australia?
The company’s lithium assets at Olaroz are owned by Sales de Jujuy, an Argentine company, which Orocobre has a 66.5 percent stake. The remaining partners on the project are Toyota Tsusho Corporation, who owns 22.5 percent and Jujuy Energia, 8.5 percent.
Is Pilbara Minerals Australian owned? Pilbara Minerals is an Australian lithium and tantalite mining company.
