Piedmont Lithium Inc. Stock Research

Market Summary

USD51.40+0.09

Delayed

0.18%

PLL Alerts

1 major insider buys recently.

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/Q	2020Q4	2020Q2	2019Q4	2019Q2	2018Q2
Revenue	-83.8%	34,814	215,549	293,650	128,377	132,752

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-3.3%	288	298	273	282	170
Current Assets	-15.8%	102	121	143	168	67.00
Cash Equivalents	-15.6%	99.00	118	139	166	64.00
Net PPE	11.2%	72.00	64.00	54.00	48.00	40.00
Liabilities	41.4%	18.00	12.00	6.00	7.00	8.00
Current Liabilities	86.2%	13.00	7.00	6.00	6.00	8.00
Long Term Debt	-	2.00	-	-	-	-
LT Debt, Current	-7.3%	0.00	0.00	1.00	1.00	1.00
LT Debt, Non Current	-33.2%	0.00	0.00	0.00	1.00	1.00
Shareholder's Equity	-5.3%	270	285	267	275	162
Retained Earnings	-11.5%	-105	-94.75	-111	-101	-92.68
Additional Paid-In Capital	0.3%	381	380	379	377	255
Shares Outstanding	0.4%	18.00	18.00	18.00	18.00	16.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	13.1%	-26.45	-30.45	-35.53	-36.03	-30.40
Share Based Compensation	-8.5%	3.00	4.00	3.00	2.00	3.00
Cashflow From Investing	-9.9%	-59.80	-54.41	-89.10	-86.80	-89.91
Cashflow From Financing	0.6%	121	120	121	121	114

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 ascending	Fund Name	Type	% 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	-	-%

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

PLL Alerts

1 major insider buys recently.

Piedmont Lithium News

Schedule 13G FIlings of Piedmont Lithium

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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 ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

About Piedmont Lithium

Keith D. Phillips

www.piedmontlithium.com/

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 ($)	6 Months Ended	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	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 expenses	10,956,005	29,448,567	8,861,454	3,440,161
Total operating expenses	20,584,808	31,388,065	19,735,956	6,565,945
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 income	0	1,153,012	3,378	161,530
Interest expense	(112,869)	(115,029)	(271,264)	(107,569)
(Loss) gain from foreign currency exchange	(8,543)	(87,931)	74,620	632,832
Gain on dilution of equity method investments in unconsolidated affiliates	0	28,954,893	0	0
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 expense	0	3,139,264	0	0
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)	15,868,521	17,517,678	13,551,150	8,283,567
Diluted weighted-average number of shares outstanding (in shares)	15,868,521	17,517,678	13,551,150	8,283,567

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 assets	2,611,841	2,514,602
Total current assets	101,858,804	66,759,585
Property, plant and mine development, net	71,540,798	40,055,354
Other non-current assets	18,873,679	4,561,122
Equity method investments in unconsolidated affiliates	95,647,802	58,872,710
Total assets	287,921,083	170,248,771
Liabilities and Stockholders’ Equity
Accounts payable and accrued expenses	12,861,514	6,688,242
Current portion of long-term debt	425,187	762,189
Other current liabilities	124,464	99,587
Total current liabilities	13,411,165	7,550,018
Long-term debt, net of current portion	163,425	914,147
Operating lease liabilities, net of current portion	1,176,709	0
Deferred tax liabilities	2,881,123	0
Total liabilities	17,632,422	8,464,165
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, respectively	1,807	1,589
Additional paid-in capital	381,241,814	255,131,836
Accumulated deficit	(105,657,674)	(92,683,000)
Accumulated other comprehensive loss	(5,297,286)	(665,819)
Total stockholders’ equity	270,288,661	161,784,606
Total liabilities and stockholders’ equity	$ 287,921,083	$ 170,248,771
Common stock, shares outstanding (in shares)	18,073,367	15,894,395
Common stock, shares issued (in shares)	18,073,367	15,894,395