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Piedmont Lithium Inc. Stock Research

PLL

51.40USD+0.09(+0.18%)Delayed

Market Summary

USD51.40+0.09
Delayed
0.18%

PLL Alerts

PLL Stock Price

PLL RSI Chart

PLL Valuation

Market Cap

929.0M

Price/Earnings (Trailing)

-71.6

EV/EBITDA

-86.01

Price/Free Cashflow

-17.8

MarketCap/EBT

-94.45

PLL Price/Sales (Trailing)

PLL Profitability

Return on Equity

-4.8%

Return on Assets

-4.51%

Free Cashflow Yield

-5.62%

PLL Fundamentals

PLL Revenue

PLL Earnings

Earnings (TTM)

-13.0M

Earnings Y/Y

-3.97%

Earnings Q/Q

-165.43%

Price Action

52 Week Range

32.0979.99
(Low)(High)

Last 7 days

-5.8%

Last 30 days

-18.6%

Last 90 days

14.6%

Trailing 12 Months

-30.9%

PLL Financial Health

Current Ratio

7.6

Debt/Equity

0.01

Debt/Cashflow

-20.9

PLL Investor Care

Shares Dilution (1Y)

13.71%

Diluted EPS (TTM)

-0.74

Financials for Piedmont Lithium

Income Statement (Last 12 Months)
Description(%) Q/Q2020Q42020Q22019Q42019Q22018Q2
Revenue-83.8%34,814215,549293,650128,377132,752
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-3.3%288298273282170
  Current Assets-15.8%10212114316867.00
    Cash Equivalents-15.6%99.0011813916664.00
  Net PPE11.2%72.0064.0054.0048.0040.00
Liabilities41.4%18.0012.006.007.008.00
  Current Liabilities86.2%13.007.006.006.008.00
  Long Term Debt-2.00----
    LT Debt, Current-7.3%0.000.001.001.001.00
    LT Debt, Non Current-33.2%0.000.000.001.001.00
Shareholder's Equity-5.3%270285267275162
  Retained Earnings-11.5%-105-94.75-111-101-92.68
  Additional Paid-In Capital0.3%381380379377255
Shares Outstanding0.4%18.0018.0018.0018.0016.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations13.1%-26.45-30.45-35.53-36.03-30.40
  Share Based Compensation-8.5%3.004.003.002.003.00
Cashflow From Investing-9.9%-59.80-54.41-89.10-86.80-89.91
Cashflow From Financing0.6%121120121121114

Risks for PLL

What is the probability of a big loss on PLL?

94.9%


Probability that Piedmont Lithium stock will be more than 20% underwater in next one year

93%


Probability that Piedmont Lithium stock will be more than 30% underwater in next one year.

84.4%


Probability that Piedmont Lithium stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PLL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Piedmont Lithium was unfortunately bought at previous high price.

Drawdowns

Returns for PLL

Cumulative Returns on PLL

128.7%


3-Year Cumulative Returns

Which funds bought or sold PLL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
added
18.4
49.00
11,049
-%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
unchanged
-
-60,643
283,357
0.04%
2023-03-06
Rockefeller Capital Management L.P.
added
700
150,000
176,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-4,631
19,369
0.01%
2023-02-28
Voya Investment Management LLC
unchanged
-
-63,223
292,777
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
44.00
44.00
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-192,000
-
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
unchanged
-
12.00
1,012
-%
2023-02-16
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
unchanged
-
-1,187,750
5,521,250
0.01%
2023-02-15
State of Tennessee, Treasury Department
sold off
-100
-316,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying PLL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PLL
No. of Funds

Piedmont Lithium News

Seeking Alpha

Tesla: Plummeting Lithium Prices An Early Christmas (NASDAQ:TSLA).

Seeking Alpha,
2 days ago

The Motley Fool Australia

InvestorPlace

InvestorsObserver

The Motley Fool Australia

Yahoo Finance

Business Wire

The Motley Fool Australia

Schedule 13G FIlings of Piedmont Lithium

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 01, 2023
lg chem, ltd.
5.7%
1,096,535
SC 13G
Feb 09, 2023
vanguard group inc
5.20%
936,453
SC 13G
Feb 03, 2023
blackrock inc.
7.1%
1,281,505
SC 13G
Feb 09, 2022
fil ltd
-
0
SC 13G/A
Feb 08, 2021
fil ltd
-
0
SC 13G/A
Feb 07, 2020
fil ltd
-
0
SC 13G

PLL Fair Value

Recent SEC filings of Piedmont Lithium

View All Filings
Date Filed Form Type Document
Mar 10, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
8-K
Current Report
Mar 01, 2023
10-K
Annual Report
Mar 01, 2023
SC 13G
Major Ownership Report
Feb 24, 2023
8-K
Current Report

Latest Insider Trading transactions for PLL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
BLESS MICHAEL A
bought
105,254
60.1449
1,750
-
2023-03-07
Czachor Bruce
acquired
-
-
3,222
evp, clo & secretary
2023-03-07
WHITE MICHAEL D
acquired
-
-
3,222
evp and cfo
2023-03-07
McVey Krishna
acquired
-
-
3,222
evp and cao
2023-03-07
Devaney Austin
acquired
-
-
3,222
evp and cco
2023-03-07
Brindle Patrick
acquired
-
-
5,682
evp and coo
2023-01-06
Czachor Bruce
sold
-9,025
50.4239
-179
evp, clo & secretary
2023-01-06
Brindle Patrick
sold
-11,617
50.29
-231
evp and coo
2023-01-06
McVey Krishna
sold
-15,850
50.32
-315
evp and cao
2023-01-06
WHITE MICHAEL D
sold
-14,936
50.29
-297
evp and cfo

1–10 of 50

Keith D. Phillips
20
Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,116 acres located within the Carolina Tin-Spodumene Belt situated to the west of Charlotte, North Carolina in the United States. It also owns a 61-acre property in Kings Mountain, North Carolina. Piedmont Lithium Inc. is headquartered in Belmont, North Carolina.

PLL Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
6 Months Ended12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Jun. 30, 2021
Jun. 30, 2020
Operating expenses:    
Exploration and mine development costs$ 9,628,803$ 1,939,498$ 10,874,502$ 3,125,784
General and administrative expenses10,956,00529,448,5678,861,4543,440,161
Total operating expenses20,584,80831,388,06519,735,9566,565,945
Loss from equity method investments in unconsolidated affiliates(642,135)(8,352,290)(64,626)0
Loss from operations(21,226,943)(39,740,355)(19,800,582)(6,565,945)
Other income (expense):    
Interest income01,153,0123,378161,530
Interest expense(112,869)(115,029)(271,264)(107,569)
(Loss) gain from foreign currency exchange(8,543)(87,931)74,620632,832
Gain on dilution of equity method investments in unconsolidated affiliates028,954,89300
Total other income (expense)(121,412)29,904,945(193,266)686,793
Loss before taxes(21,348,355)(9,835,410)(19,993,848)(5,879,152)
Income tax expense03,139,26400
Net loss$ (21,348,355)$ (12,974,674)$ (19,993,848)$ (5,879,152)
Basic net loss per weighted-average share (in dollars per share)$ (1.35)$ (0.74)$ (1.48)$ (0.71)
Diluted net loss per weighted-average share (in dollars per share)$ (1.35)$ (0.74)$ (1.48)$ (0.71)
Basic weighted-average number of shares outstanding (in shares)15,868,52117,517,67813,551,1508,283,567
Diluted weighted-average number of shares outstanding (in shares)15,868,52117,517,67813,551,1508,283,567

PLL Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 99,246,963$ 64,244,983
Other current assets2,611,8412,514,602
Total current assets101,858,80466,759,585
Property, plant and mine development, net71,540,79840,055,354
Other non-current assets18,873,6794,561,122
Equity method investments in unconsolidated affiliates95,647,80258,872,710
Total assets287,921,083170,248,771
Liabilities and Stockholders’ Equity  
Accounts payable and accrued expenses12,861,5146,688,242
Current portion of long-term debt425,187762,189
Other current liabilities124,46499,587
Total current liabilities13,411,1657,550,018
Long-term debt, net of current portion163,425914,147
Operating lease liabilities, net of current portion1,176,7090
Deferred tax liabilities2,881,1230
Total liabilities17,632,4228,464,165
Commitments and contingencies (Note 14)
Stockholders’ equity:  
Common stock; $0.0001 par value, 100,000,000 shares authorized; 18,073,367 and 15,894,395 shares issued and outstanding at December 31, 2022, and December 31, 2021, respectively1,8071,589
Additional paid-in capital381,241,814255,131,836
Accumulated deficit(105,657,674)(92,683,000)
Accumulated other comprehensive loss(5,297,286)(665,819)
Total stockholders’ equity270,288,661161,784,606
Total liabilities and stockholders’ equity$ 287,921,083$ 170,248,771
Common stock, shares outstanding (in shares)18,073,36715,894,395
Common stock, shares issued (in shares)18,073,36715,894,395