Piedmont LithiumPLL
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 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]
13% less funds holding
Funds holding: 121 [Q2] → 105 (-16) [Q3]
21% less capital invested
Capital invested by funds: $87.7M [Q2] → $69.4M (-$18.3M) [Q3]
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
BMO Capital Greg Jones 0 / 0 met price target | 17%upside $14 | Market Perform Maintained | 29 Nov 2024 |
Macquarie Austin Yun 100% 1-year accuracy 1 / 1 met price target | 13%upside $13.50 | Neutral Upgraded | 21 Nov 2024 |
Roth MKM Joe Reagor 50% 1-year accuracy 16 / 32 met price target | 159%upside $31 | Buy Reiterated | 30 Oct 2024 |
BMO Capital Greg Jones 0 / 0 met price target | 25%downside $9 | Market Perform Maintained | 29 Oct 2024 |
JP Morgan Bill Peterson 69% 1-year accuracy 11 / 16 met price target | 33%downside $8 | Underweight Downgraded | 21 Oct 2024 |
Financial journalist opinion
Based on 13 articles about PLL published over the past 30 days