Piedmont Lithium Inc (NASDAQ:PLL)
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 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.
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.
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.
Who owns PLL stock?
Top 10 Owners of Piedmont Lithium Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 3.58% | 567,912 |
| Invesco Capital Management LLC | 2.78% | 440,891 |
| Merewether Investment Management … | 1.87% | 297,120 |
| BlackRock Fund Advisors | 1.68% | 266,867 |
Is Piedmont lithium overvalued? If you take the view that the lithium price is going to rise significantly, then of course any lithium miner looks like a good bet. Absent that view, I would suggest that Piedmont is overvalued for what it is.
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Related Stocks.
| Symbol | Last Price | % Chg |
|---|---|---|
| PLLPiedmont Lithium Inc. | 73.11 Post. 73.00 | 1.13% -0.15% |
• 23 mars 2021
Is Piedmont lithium an American company?
Piedmont Lithium is an Australian mining company currently in the process of proving economic mineral recovery of lithium in North Carolina.
How old was Sasha Pieterse in PLL Season 1?
Sasha Pieterse first played 15-year-old Alison DiLaurentis when she was 13. Reversing the trend of casting adult actors to play younger characters, 13-year-old Sasha Pieterse had the role of 15-year-old Alison DiLaurentis on the show’s pilot.
How many shares does Piedmont have? Share Statistics
| Avg Vol (3 month) 3 | 473.65k |
|---|---|
| Shares Outstanding 5 | 17.92M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 1.28B |
| % Held by Insiders 1 | 3.50% |
Who is Tesla buying lithium from? Tesla also has a lithium supply deal with China-based Ganfeng Lithium (SHE: 002460), which grants the automaker a three-year supply of battery-grade lithium, starting in 2022. The EV icon also has agreements with BHP (ASX: BHP) for nickel and Mozambique-focused Syrah Resources (ASX: SYR) for graphite.
Who own the largest lithium discovery in America?
Cypress owns 100% of the Clayton Valley Lithium Project totalling 5,430 acres in southwest Nevada, USA.
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Capital and Operating Costs.
| Area | US$ x 1000 |
|---|---|
| Owners Costs | 24,992 |
| Contingency | 94,704 |
| Total Capital Cost | 493,115 |
Who buys lithium from Lithium Americas? Ganfeng has agreed to purchase, by way of a private placement, 75,000,000 common shares of the Company at a price of C$0.85 per common share for gross proceeds of C$64 million (US$49 million).
How high will Lithium Americas stock go?
Stock Price Forecast
The 15 analysts offering 12-month price forecasts for Lithium Americas Corp have a median target of 39.00, with a high estimate of 44.00 and a low estimate of 23.55. The median estimate represents a +44.44% increase from the last price of 27.00.
Why is Albemarle stock going up? Sales volumes for Albemarle’s lithium operation are expected to grow 20% to 30% as the company ramps up new capacity to meet higher demand for driven by rising electric-vehicle sales. The company also produces catalysts and bromine. Juvekar is still positive on the stock.
Is lithium the future?
The Sustainable Future scenario predicts peak lithium use by about 2035–45 of 52.8 ± 9.8 Gg, decreasing to 48.3 ± 10.9 Gg at the end of the period of our study.
Is lithium the new gold? Although it has been known for almost two centuries, lithium is suddenly making the news: it is the primary ingredient of the lithium-ion batteries set to power the next generation of electric vehicles and, as such, could become as precious as gold in this century1.
