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HomeMarketResultsPiedmont Lithium (NASDAQ:PLL) Rating Reiterated by B. Riley

Piedmont Lithium (NASDAQ:PLL) Rating Reiterated by B. Riley


Piedmont Lithium (NASDAQ:PLLGet Rating)‘s inventory had its “purchase” ranking reiterated by equities analysis analysts at B. Riley in a analysis report issued on Thursday, PriceTargets.com reviews.

Individually, DA Davidson raised their value goal on shares of Piedmont Lithium from $85.00 to $90.00 in a analysis be aware on Friday, December 2nd. 5 funding analysts have rated the inventory with a purchase ranking, In response to MarketBeat.com, Piedmont Lithium presently has a median ranking of “Purchase” and a median goal value of $95.00.

Piedmont Lithium Worth Efficiency

NASDAQ PLL opened at $51.68 on Thursday. The enterprise has a fifty day easy shifting common of $54.14 and a 200 day easy shifting common of $52.48. Piedmont Lithium has a 12 month low of $32.08 and a 12 month excessive of $79.99.

Piedmont Lithium (NASDAQ:PLLGet Rating) final launched its quarterly earnings outcomes on Friday, November 4th. The mineral exploration firm reported ($0.36) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.01. On common, analysts anticipate that Piedmont Lithium will publish -1.67 earnings per share for the present 12 months.

Insider Shopping for and Promoting

In different Piedmont Lithium information, CEO Keith D. Phillips offered 7,324 shares of the enterprise’s inventory in a transaction on Tuesday, November eighth. The shares have been offered at a median value of $62.64, for a complete transaction of $458,775.36. Following the sale, the chief govt officer now owns 128,982 shares of the corporate’s inventory, valued at roughly $8,079,432.48. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is on the market at this hyperlink. In different Piedmont Lithium information, CEO Keith D. Phillips offered 7,324 shares of Piedmont Lithium inventory in a transaction dated Tuesday, November eighth. The inventory was offered at a median value of $62.64, for a complete transaction of $458,775.36. Following the completion of the transaction, the chief govt officer now owns 128,982 shares of the corporate’s inventory, valued at roughly $8,079,432.48. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which could be accessed by way of this link. Additionally, CEO Keith D. Phillips offered 6,164 shares of the inventory in a transaction dated Friday, October twenty first. The inventory was offered at a median value of $56.79, for a complete transaction of $350,053.56. Following the completion of the sale, the chief govt officer now immediately owns 120,259 shares within the firm, valued at $6,829,508.61. The disclosure for this sale could be discovered here. 1.75% of the inventory is owned by insiders.

Institutional Inflows and Outflows

Quite a few hedge funds have just lately made adjustments to their positions within the firm. State Avenue Corp raised its place in shares of Piedmont Lithium by 1,522.7% within the first quarter. State Avenue Corp now owns 1,149,201 shares of the mineral exploration firm’s inventory value $83,880,000 after shopping for a further 1,078,382 shares within the final quarter. Van ECK Associates Corp boosted its place in shares of Piedmont Lithium by 108.1% through the 2nd quarter. Van ECK Associates Corp now owns 810,916 shares of the mineral exploration firm’s inventory valued at $29,525,000 after buying a further 421,236 shares over the last quarter. Mirae Asset World Investments Co. Ltd. bought a brand new place in shares of Piedmont Lithium through the first quarter value about $21,398,000. Renaissance Applied sciences LLC elevated its place in shares of Piedmont Lithium by 783.7% within the second quarter. Renaissance Applied sciences LLC now owns 231,300 shares of the mineral exploration firm’s inventory value $8,422,000 after buying a further 205,125 shares over the last quarter. Lastly, Vanguard Group Inc. raised its stake in Piedmont Lithium by 28.0% within the first quarter. Vanguard Group Inc. now owns 743,695 shares of the mineral exploration firm’s inventory valued at $54,283,000 after buying a further 162,476 shares within the final quarter. 48.23% of the inventory is presently owned by hedge funds and different institutional buyers.

About Piedmont Lithium

(Get Rating)

Piedmont Lithium Inc, an exploration stage firm, engages within the exploration and growth of useful resource tasks in america. The corporate primarily holds a 100% curiosity within the Carolina Lithium Challenge that embrace an space of roughly 3,116 acres positioned inside the Carolina Tin-Spodumene Belt located to the west of Charlotte, North Carolina in america.

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Analyst Recommendations for Piedmont Lithium (NASDAQ:PLL)

This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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