Piedmont Lithium Inc. (PLL) Report Analysis
Corporate Events
Piedmont Lithium Inc. Presents at J.P. Morgan Energy, Power and Renewables Conference, Jun-23-2022 12:55 PM
2022-06-21 23:35:00
Piedmont Lithium Inc. Presents at J.P. Morgan Energy, Power and Renewables Conference, Jun-23-2022 12:55 PM. Venue: InterContinental New York Barclay, 111 East 48th St., New York City, New York, United States. Speakers: Keith Douglas Phillips, MD, CEO, President & Director.
Piedmont Lithium Inc. Presents at Battery Gigafactories USA 2022, Jun-24-2022 01:45 PM
2022-06-16 18:44:00
Piedmont Lithium Inc. Presents at Battery Gigafactories USA 2022, Jun-24-2022 01:45 PM. Speakers: Austin Devaney, Senior VP & Chief Commercial Officer.
Benchmark Mineral Intelligence, Battery Gigafactories USA 2022, Jun 23, 2022 through Jun 24, 2022
2022-06-08 00:00:00
Benchmark Mineral Intelligence, Battery Gigafactories USA 2022, Jun 23, 2022 through Jun 24, 2022.
Piedmont Lithium Inc. Presents at Fastmarkets Lithium Supply & Battery Raw Materials, Jun-27-2022 02:00 PM
2022-05-25 07:37:00
Piedmont Lithium Inc. Presents at Fastmarkets Lithium Supply & Battery Raw Materials, Jun-27-2022 02:00 PM. Venue: Phoenix, Arizona, United States. Speakers: Austin Devaney, Chief Commercial Officer.
Piedmont Lithium Inc. Partner Sayona Mining Announces Positive Study Results for North American Lithium Mine Restart
2022-05-24 10:50:00
Piedmont Lithium Inc. announced that Piedmont’s partner, Sayona Mining published a prefeasibility study (NAL PFS or the NAL Study) for the restart of spodumene concentrate operations at the North American Lithium Project in Quebec (NAL). The NAL PFS contemplates average annual production of approximately 168,000 tonnes per year of 6% spodumene concentrate over a mine life of 27 years. The NAL Study highlights estimated competitive cash operating costs and an estimated capital cost for the mine and concentrator restart of approximately USD 80 million. Piedmont and Sayona acquired the previously-producing NAL operations in August 2021. Following the positive results of the NAL Study, the partners expect to proceed with full capital expenditure authorization. According to Sayona’s study results, operations could recommence in the first half of 2023. Importantly, the NAL Study has identified a number of de-bottlenecking and process improvements within the spodumene concentrator which will improve operational availability, lithium recovery, and product quality. Process improvements include equipment upgrades in the crushing plant, additional crushed ore storage, expanded ore sorting, iron removal processing equipment, and upgrades to the flotation circuit and product dewatering processes. Operations are expected to be converted to dry-stacked tailings over time. Piedmont owns a 25% project interest in the NAL and Authier Projects via its equity stake in Sayona Quebec as well as its equity interest of approximately 16.5% in Sayona Mining. With the publication of the NAL PFS, Piedmont will now begin to explore marketing options for its share of spodumene concentrate production contemplated in its offtake agreement with Sayona, which provides Piedmont with the right to purchase the greater of 50% of production or 113,000 metric tonnes per year from the NAL Project.
FastMarkets Ltd., Fastmarkets Lithium Supply & Battery Raw Materials, Jun 27, 2022 through Jun 29, 2022
2022-05-24 00:00:00
FastMarkets Ltd., Fastmarkets Lithium Supply & Battery Raw Materials, Jun 27, 2022 through Jun 29, 2022. Venue: Phoenix, Arizona, United States.
Piedmont Lithium Inc. Presents at Strategic Investment Insights Chicago 2022, May-06-2022 through May-07-2022
2022-05-04 12:20:00
Piedmont Lithium Inc. Presents at Strategic Investment Insights Chicago 2022, May-06-2022 through May-07-2022. Venue: Chicago, Illinois, United States. Presentation Date & Speakers: May-06-2022, Taso Arima, founder. May-07-2022.
Piedmont Lithium Inc. - Shareholder/Analyst Call
2022-04-29 10:50:00
AGM
Piedmont Lithium Inc., Annual General Meeting, Jun 15, 2022
2022-04-29 10:50:00
Piedmont Lithium Inc., Annual General Meeting, Jun 15, 2022, at 11:00 US Eastern Standard Time. Agenda: To consider elect the two class ii director nominees named in the proxy statement to serve until the 2025 annual meeting of stockholders or until their successors are duly elected and qualified; to consider to ratify the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the year ending December 31, 2022; to consider to approve, on an advisory basis, the compensation of named executive officers; to consider to approve, on an advisory basis, the frequency of future advisory votes to approve the compensation of named executive officers; to consider to grant performance stock units to mr. keith phillips under the company’s stock plan; and to consider to transact any other matters that may properly come before the annual meeting or any adjournments or postponements thereof.
Piedmont Lithium Inc. Announces Retirement of Todd Hannigan as Board of Directors
2022-04-25 12:01:00
On April 22, 2022, Todd Hannigan, a member of the board of directors of Piedmont Lithium Inc. informed the company of his decision to retire from the Board. Mr. Hannigan has been a long-term shareholder of the company and joined the Board in February 2021 to enable the company to meet the requirement to have an Australian resident director while the company was domiciled in Australia. Given Piedmont’s domiciliation to the United States and Mr. Hannigan’s other substantial business commitments, he has chosen to retire from the Board effective April 22, 2022.
Piedmont Lithium Inc. Presents at THE Mining Investment Event of the North, Jun-20-2022 03:50 PM
2022-04-09 06:33:00
Piedmont Lithium Inc. Presents at THE Mining Investment Event of the North, Jun-20-2022 03:50 PM. Venue: the Fairmont Château Frontenac and Voltigeurs de Québec Armoury, Quebec City, Quebec, Canada. Speakers: Patrick H. Brindle, Executive VP & COO.
Piedmont Lithium Inc. Presents at Disruptive technologies, Mar-31-2022 09:30 AM
2022-03-28 18:24:00
Piedmont Lithium Inc. Presents at Disruptive technologies, Mar-31-2022 09:30 AM. Speakers: Keith Douglas Phillips, MD, CEO, President & Director.
OTC Markets Group Inc., Disruptive technologies, Mar 30, 2022 through Mar 31, 2022
2022-03-28 12:35:00
OTC Markets Group Inc., Disruptive technologies, Mar 30, 2022 through Mar 31, 2022.
Piedmont Lithium Inc. Presents at Quebec Critical Metals and Technology Live Virtual Investor Conference, Mar-31-2022 09:30 AM
2022-03-24 02:53:00
Piedmont Lithium Inc. Presents at Quebec Critical Metals and Technology Live Virtual Investor Conference, Mar-31-2022 09:30 AM. Speakers: Keith Douglas Phillips, MD, CEO, President & Director.
Virtual Investor Conferences, Quebec Critical Metals and Technology Live Virtual Investor Conference, Mar 30, 2022 through Mar 31, 2022
2022-03-23 17:45:00
Virtual Investor Conferences, Quebec Critical Metals and Technology Live Virtual Investor Conference, Mar 30, 2022 through Mar 31, 2022.
Certain Options of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022.
2022-03-22 00:00:00
Certain Options of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022. These Options will be under lockup for 61 days starting from 22-MAR-2022 to 22-MAY-2022. Details: The directors and executive officers (such persons, the “lock-up parties”) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 60 days after the date of this prospectus supplement (such period, the “restricted period”), may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of the representatives, (1) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any of the common stock or any securities convertible into or exercisable or exchangeable for common stock
Certain Restricted Stock Units of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022.
2022-03-22 00:00:00
Certain Restricted Stock Units of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022. These Restricted Stock Units will be under lockup for 61 days starting from 22-MAR-2022 to 22-MAY-2022. Details: The directors and executive officers (such persons, the “lock-up parties”) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 60 days after the date of this prospectus supplement (such period, the “restricted period”), may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of the representatives, (1) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any of the common stock or any securities convertible into or exercisable or exchangeable for common stock
Certain Performance Rights of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022.
2022-03-22 00:00:00
Certain Performance Rights of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022. These Performance Rights will be under lockup for 61 days starting from 22-MAR-2022 to 22-MAY-2022. Details: The directors and executive officers (such persons, the “lock-up parties”) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 60 days after the date of this prospectus supplement (such period, the “restricted period”), may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of the representatives, (1) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any of the common stock or any securities convertible into or exercisable or exchangeable for common stock
Certain Common Stock of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022.
2022-03-22 00:00:00
Certain Common Stock of Piedmont Lithium Inc. are subject to a Lock-Up Agreement Ending on 22-MAY-2022. These Common Stock will be under lockup for 61 days starting from 22-MAR-2022 to 22-MAY-2022. Details: The directors and executive officers (such persons, the “lock-up parties”) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 60 days after the date of this prospectus supplement (such period, the “restricted period”), may not (and may not cause any of their direct or indirect affiliates to), without the prior written consent of the representatives, (1) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any of the common stock or any securities convertible into or exercisable or exchangeable for common stock
JPMorgan Chase & Co., J.P. Morgan Energy, Power and Renewables Conference, Jun 22, 2022 through Jun 23, 2022
2022-03-01 14:00:00
JPMorgan Chase & Co., J.P. Morgan Energy, Power and Renewables Conference, Jun 22, 2022 through Jun 23, 2022. Venue: InterContinental New York Barclay, 111 East 48th St., New York City, New York, United States.
VID Conferences, IR.INC Capital Markets Advisory & Services, the Mining Investment Event of the North, Jun 19, 2022 through Jun 21, 2022
2022-02-28 16:18:00
VID Conferences, IR.INC Capital Markets Advisory & Services, THE Mining Investment Event of the North, Jun 19, 2022 through Jun 21, 2022. Venue: the Fairmont Château Frontenac and Voltigeurs de Québec Armoury, Quebec City, Quebec, Canada.
Piedmont Lithium Inc. Presents at Mines and Money Online Connect, Apr-05-2022
2022-02-22 13:36:00
Piedmont Lithium Inc. Presents at Mines and Money Online Connect, Apr-05-2022 .
Piedmont Lithium Inc. Presents at 121 Mining Investment Conference – New York, Jun-07-2022 09:50 AM
2022-02-08 03:10:00
Piedmont Lithium Inc. Presents at 121 Mining Investment Conference – New York, Jun-07-2022 09:50 AM. Venue: etc. venues 360 Madison Avenue, New York City, New York, United States. Speakers: Keith Douglas Phillips, MD, CEO, President & Director.
Piedmont Lithium Inc. Presents at 121 Mining Investment Conference - Las Vegas, Mar-30-2022
2022-02-08 02:11:00
Piedmont Lithium Inc. Presents at 121 Mining Investment Conference - Las Vegas, Mar-30-2022 . Venue: Galileo Ballroom, Level 1, The Venetian Expo, 201 Sands Ave, Las Vegas, United States.
Beacon Events Ltd., Mines and Money Online Connect, Apr 05, 2022 through Apr 08, 2022
2022-02-01 06:39:00
Beacon Events Ltd., Mines and Money Online Connect, Apr 05, 2022 through Apr 08, 2022.
Mines and Money Events Ltd, Mines and Money @ IMARC, Jan 31, 2022 through Feb 02, 2022
2022-01-14 04:00:00
Mines and Money Events Ltd, Mines and Money @ IMARC, Jan 31, 2022 through Feb 02, 2022.
Piedmont Lithium Inc. Presents at Mines and Money @ IMARC, Jan-31-2022
2022-01-14 04:00:00
Piedmont Lithium Inc. Presents at Mines and Money @ IMARC, Jan-31-2022 . Speakers: Keith Douglas Phillips, MD, CEO, President & Director.
121 Group Ltd, 121 Mining Investment Conference - Las Vegas, Mar 30, 2022 through Mar 31, 2022
2022-01-13 19:32:00
121 Group Ltd, 121 Mining Investment Conference - Las Vegas, Mar 30, 2022 through Mar 31, 2022. Venue: Galileo Ballroom, Level 1, The Venetian Expo, 201 Sands Ave, Las Vegas, United States.
121 Group Ltd, 121 Mining Investment Conference – New York, Jun 06, 2022 through Jun 07, 2022
2022-01-11 02:45:00
121 Group Ltd, 121 Mining Investment Conference – New York, Jun 06, 2022 through Jun 07, 2022. Venue: etc. venues 360 Madison Avenue, New York City, New York, United States.
Piedmont Lithium Inc.(NasdaqCM:PLL) added to S&P TMI Index
2021-12-20 00:00:00
Piedmont Lithium Inc.(NasdaqCM:PLL) added to S&P TMI Index
Piedmont Lithium Inc. Approves Change in the Fiscal Year End from June 30 to December 31 of Each Year
2021-12-14 14:11:00
On December 9, 2021, the Board of Directors of Piedmont Lithium Inc. approved a change in the Company’s fiscal year end from June 30 to December 31 of each year. The fiscal year change is effective beginning with the Company’s 2022 fiscal year, which will now begin on January 1, 2022 and end on December 31, 2022. As a result of the change, the Company will have a six-month fiscal transition period beginning July 1, 2021 and ending December 31, 2021.
Piedmont Lithium Inc. Reports the Results of A Bankable Feasibility Study for Its 100% Owned Proposed Integrated Lithium Hydroxide Business in Gaston County, North Carolina
2021-12-14 12:00:00
Piedmont Lithium Inc. reported the results of a Bankable Feasibility Study (“BFS”) for its 100% owned proposed integrated lithium hydroxide business (“Carolina Lithium” or the “Project”) in Gaston County, North Carolina. The Study confirms that Carolina Lithium has the location, mineral resources, and operational advantages to be one of lowest-cost producers of lithium hydroxide, with a sustainability footprint that is superior to incumbent producers, all in a highly strategic location to supply the rapidly growing electric vehicle supply chain in the United States. Current and forecasted battery manufacturing capacity now exceeds 500 GWh with public announcements of over $25bb in capital investments to occur in the U.S. by 2025. Based on an average requirement of 960t of lithium hydroxide per GWh of manufacturing capacity, the resultant U.S. demand for lithium hydroxide could exceed 460,000 t/y by 2027. The Study reflects more conservative costing assumptions than prior studies, with recent inflationary pressures having a substantial impact on both capital expenditures and operating costs. These cost impacts are partially offset using lithium pricing assumptions based on the more positive outlook incorporated in the consensus estimates described in the full report which can be found at here. The BFS assumes a fixed price of $18,000/t for battery quality lithium hydroxide, versus current spot prices exceeding $30,000/t. The Company’s Bankable Feasibility Study (“BFS”) is based on the Mineral Resource estimate reported in October 2021, of 44.2 Mt at a grade of 1.08% Li2O and the by-product Mineral Resource estimates comprising 7.4 Mt of quartz, 11.1 Mt of feldspar and 1.1 Mt of mica reported in June 2021. This announcement is intended to alert investors to the conversion of 18.3 million metric tons of previously categorized spodumene Mineral Resources (undiluted basis) to Probable Ore Reserves and to report the results of the technical study of the production of battery grade lithium hydroxide from these Ore Reserves and other sources. The BFS represents a significant advancement in project definition compared with the Company’s previously announced Scoping Study update announced in June 2021. Estimate accuracy has been improved between June and December 2021 from ±35% to ±15%.
Piedmont Lithium Inc., Annual General Meeting, Feb 03, 2022
2021-11-30 13:00:00
Piedmont Lithium Inc., Annual General Meeting, Feb 03, 2022, at 14:00 Eastern Standard Time. Agenda: To elect the two director nominees named in the proxy statement to serve until the 2024 annual meeting of stockholders or until their successors are duly elected and qualified; to ratify the selection of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the year ending June 30, 2022; to issue stock options to Keith Phillips under the company’s stock plan; to issue restricted stock units to the directors of the company under the company’s stock plan; and to transact any other matters that may properly come before the annual meeting or any adjournments or postponements thereof.
Piedmont Lithium Inc Appoints Monique Parker as Vice President of Health, Safety, and Environment
2021-10-28 11:00:00
Piedmont Lithium Inc. announced that Monique Parker has joined the Company as Vice President of Health, Safety, and Environment. Reporting to Chief Operating Officer, David Klanecky, Ms. Parker brings more than a decade of experience managing environmental, health and safety operations for some of the most recognized manufacturers in the United States, such as Albemarle Corporation, Owens Corning, and Unilever. Ms. Parker also acquired several years of experience in other business leadership positions, where she was involved in strategy development, customer relationship management, new product development, operations, logistics and sales, within Albemarle’s Lithium Salts business. Ms. Parker joins Piedmont from Albemarle Corporation where she has held positions ranging from Business Unit HSE Director, Global Quality Director, and Business Process Improvement Director to Senior Global Business and New Product Development Leader. Prior to her time at Albemarle, she held several positions with Owens Corning, including Environmental, Health and Safety Leader where she led environmental and safety programs for multiple sites, executed the company’s environmental permitting process, as well as its programs focused on reducing waste to landfills. Ms. Parker began her career as a Manager of Environmental, Health and Safety with Hexcel Corporation.
Piedmont Increases Mineral Resources with Completion of Phase 5 Infill Drilling
2021-10-21 11:00:00
Piedmont Lithium Inc. announced an updated global Mineral Resource estimate (“MRE”) for the Company’s Carolina Lithium Project in North Carolina, USA. The MRE includes updates for lithium and industrial mineral products. The total MRE for the project is 44.2 Mt @ 1.08% Li2O, with 64% of the total MRE classified in the Indicated category. The Mineral Resource estimate reported in accordance with the U.S. Securities and Exchange Commission S-K 1300 standards and the Australasian JORC Code (2012 Edition). augural Mineral Resources reported under new U.S. S-K 1300 Standards: Carolina Lithium Project total Mineral Resources increase to 44.2 Mt @ 1.08% Li2O; Indicated Mineral Resources increased 101% to 28.2 Mt @ 1.11% Li2O for the Project; DFS completion for the integrated 30,000 t/y LiOH Carolina Lithium Project expected within Fourth Quarter 2021. Central and Huffstetler properties are within one mile of the Core property along the trend of the Carolina Tin-Spodumene Belt. The Qualified Person concludes that sufficient data have been obtained through various exploration, sampling, and metallurgical testwork programs to support the geological interpretation of lithium-bearing pegmatite deposits on the Property. The data are of sufficient quantity and reliability to reasonably support the MRE. The MRE has been classified as Indicated and Inferred based on the guidelines specified by S-K 1300 and the JORC Code (2012 Edition). Classification is based upon an assessment of geological understanding of the deposit, geological and grade continuity, drill hole spacing, quality control results, search and interpolation parameters, and an analysis of available density information. Modeled Mineral Resources for each deposit appear to be of sufficient grade, quality, quantity, and coherence to have reasonable prospects for eventual economic extraction by open pit mining methods. The Mineral Resource is based on an overall metallurgical recovery from spodumene to lithium hydroxide of 71.20%. Sample Analysis Method: Normative mineralogy was calculated from total fusion X-ray fluorescence (XRF) major element data using a least squares method (MINSQ – Herrmann, W. and Berry, R.F., 2002, Geochemistry: Exploration, Environment, Analysis, volume 2, pp. 361-368). The normative calculations were validated against and corrected where necessary using X-ray diffraction (XRD) Rietveld semi-quantitative mineralogical data from 38 sample pulps selected to represent a range of chemical compositions and mineralogy, as well as 3 QEMSCAN analyses of composite samples prepared for metallurgical test work. Block grade interpolation was validated by means of swath plots, comparison of sample and block model mineral grade averages and correlation coefficients, and by overlapping mineral grade distribution charts for sample and block model data. Cross sections of the block model with drill hole data superimposed were also reviewed.Lithological and structural features were defined based upon geological knowledge of the deposit derived from drill core logs and geological observations on surface. Wireframe models of 92 pegmatite bodies were created in Micromine® by joining polygon interpretations made on cross sections and level plans spaced at 40 meters. Weathering profiles representing the base of saprolite and overburden were modelled based upon drill hole geological logging. Modelling utilized a topographic digital terrain model (“DTM”) that incorporates LiDAR and photogrammetry data with high accuracy RTN-GPS survey control. The LiDAR data has an accuracy class of +/- 0.1 meters. Rotated block models were constructed in Micromine® that encompass all modelled dikes using parent cell sizes of 6 m (E) by 12 to 18 m (N) by 6 to 18m (Z). The drill hole files were flagged by the pegmatite and weathering domains they intersected. Statistical analysis of the domained data was undertaken in Supervisor®. Samples were regularized to 1 meter composite lengths. For each modelled pegmatite, regularized compositional grades for spodumene, quartz, albite, K-spar and muscovite were interpolated into the corresponding pegmatite block model along with grades for biotite and other gangue minerals. Albite and K-spar grade estimates are summed to generate a compositional grade estimate for feldspar by-product. All blocks captured in pegmatite dike interpretation wireframes below the topography surface are classified as Inferred. Indicated classification boundaries define regions of blocks that, overall, meet the following criteria: Within major pegmatite dikes that are informed by at least two drill holes within a range of approximately 25 meters to the nearest drill hole in the along strike and down dip directions. No Measured category resources are estimated. Future Exploration: Piedmont plans to release a Definitive Feasibility Study for the project within Fourth Quarter 2021. Piedmont continues to evaluate newly acquired properties within the Carolina Tin Spodumene Belt for lithium mineralization. The Qualified Person recommends the following actions are completed to support the ongoing Mineral Resource development effort at the Carolina Lithium Project: nvestigate shallow portions of Core Property deposits deemed amenable to early-stage mining through infill drilling and appropriate surface methods, at 20 m to 40 m spacings. An understanding of the short-range variability of mineralization, pegmatite dike orientation, and weathering should be developed, and Measured resource classification criteria established. Model the extent of major metavolcanic and metasedimentary host rock units to support mine planning at the Core property. Models will improve bulk density estimation and support environmental and geotechnical characterization of waste rock. Conduct infill drilling to increase data density and support the upgrading of Mineral Resources from Inferred to Indicated throughout the Project. Undertake a study to identify new exploration targets and prioritize step-out drill targets that expand defined resource pegmatites. To support exploration targeting across its properties, and to direct future property acquisitions, Piedmont should continue to synthesize a mineral system model for spodumene bearing pegmatites along the TSB.
Piedmont Lithium Inc. Presents at Gabelli 45th Annual Automotive Aftermarket Symposium 2021, Nov-02-2021 08:30 AM
2021-10-07 12:35:00
Piedmont Lithium Inc. Presents at Gabelli 45th Annual Automotive Aftermarket Symposium 2021, Nov-02-2021 08:30 AM. Venue: Waldorf Astoria Las Vegas, Las Vegas, Nevada, United States.
Piedmont Lithium Inc. has filed a Shelf Registration.
2021-09-24 00:00:00
Piedmont Lithium Inc. has filed a Shelf Registration. Security Name: Common Stock Security Name: Preferred Stock Security Name: Debt Securities Security Name: Warrants Security Name: Depositary Shares Security Name: Purchase Contracts Security Name: Units Transaction Features: Omnibus/Universal Shelf Registration
Piedmont Lithium Inc.(NasdaqCM:PLL) added to S&P Global BMI Index
2021-09-20 00:00:00
Piedmont Lithium Inc.(NasdaqCM:PLL) added to S&P Global BMI Index
Piedmont Lithium Inc. Presents at H.C. Wainwright 23rd Annual Global Investment Conference, Sep-12-2021
2021-09-15 22:19:00
Piedmont Lithium Inc. Presents at H.C. Wainwright 23rd Annual Global Investment Conference, Sep-12-2021 . Venue: Lotte New York Palace Hotel, New York City, New York, United States.
Piedmont Lithium Inc. Presents at Evercore ISI Autotech & AI Forum, Sep-21-2021
2021-09-15 22:19:00
Piedmont Lithium Inc. Presents at Evercore ISI Autotech & AI Forum, Sep-21-2021 .
Gabelli Funds, LLC, Gabelli 45th Annual Automotive Aftermarket Symposium 2021, Nov 01, 2021 through Nov 02, 2021
2021-09-07 11:00:00
Gabelli Funds, LLC, Gabelli 45th Annual Automotive Aftermarket Symposium 2021, Nov 01, 2021 through Nov 02, 2021. Venue: Waldorf Astoria Las Vegas, Las Vegas, Nevada, United States.
Piedmont Lithium Inc. Submits Application for North Carolina Mine Permit
2021-09-01 22:25:00
Piedmont Lithium Inc. announced it has submitted two applications related to the company's Carolina Lithium Project. On August 30, 2021, the Company filed its application for a North Carolina State Mining Permit with the N.C. Department of Environmental Quality's Division of Energy, Mineral and Land Resources. Additionally, on August 31, 2021, the Company submitted a draft loan application to the U.S. Department of Energy's Loans Program Office for loan funding via the Advanced Technologies Vehicle Manufacturing ("ATVM") Loan Program. The ATVM has $17.7 billion in direct loan authority to provide funding to U.S. companies engaged in the manufacturing of fuel efficient, advanced technology vehicles and qualifying components supporting the automotive supply chain. The timeline for the review and response with respect to each application is subject to the established processes and procedures of the respective responsible agency.
Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Piedmont Lithium Inc
2021-08-24 22:10:00
The law firm of Kessler Topaz Meltzer & Check, LLP announced that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the “Class Period”). The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have “strong local government support”; and (5) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times. Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.
Piedmont Lithium Inc. Presents at Lithium Supply & Markets 2021 Conference, Sep-20-2021 04:00 PM
2021-08-09 11:26:00
Piedmont Lithium Inc. Presents at Lithium Supply & Markets 2021 Conference, Sep-20-2021 04:00 PM. Venue: Las Vegas, Nevada, United States. Speakers: Austin Devaney, Vice President of Sales & Marketing.
Piedmont Lithium Inc Updates County Rezoning Process for Its Carolina Lithium Project
2021-08-09 11:00:00
Piedmont Lithium Inc. is providing the following update as to the county rezoning process for its Carolina Lithium Project. On August 6, 2021, during a special meeting of the Gaston County Board of Commissioners, the commissioners voted to approve a 60-day temporary development moratorium in new approvals for mining and quarrying activities in order to review the county’s current industry regulations and their potential impact on future operations. The Company looks forward to constructive engagement with the county commissioners and staff on the many important matters subject to their review. Piedmont also confirmed that the Company is on track to publish its upcoming Definitive Feasibility Study in 2H 2021 and the Company will continue to work on the state and county level permits that are required for the Project.
FastMarkets Ltd., Lithium Supply & Markets 2021 Conference, Sep 20, 2021 through Sep 22, 2021
2021-08-09 10:00:00
FastMarkets Ltd., Lithium Supply & Markets 2021 Conference, Sep 20, 2021 through Sep 22, 2021. Venue: Las Vegas, Nevada, United States.
Piedmont Lithium Inc. Presents at 20th Annual Diversified Industrials & Services Conference, Sep-23-2021 11:00 AM
2021-08-04 17:36:00
Piedmont Lithium Inc. Presents at 20th Annual Diversified Industrials & Services Conference, Sep-23-2021 11:00 AM.
Evercore Inc., Evercore ISI Autotech & AI Forum, Sep 21, 2021
2021-07-28 09:50:00
Evercore Inc., Evercore ISI Autotech & AI Forum, Sep 21, 2021.
Bernstein Liebhard LLP Files Securities Class Action Lawsuit against Piedmont Lithium Inc
2021-07-25 18:10:00
Bernstein Liebhard announced that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Piedmont Lithium Inc. from March 16, 2018 through July 19, 2021 (the "Class Period"). The lawsuit filed in the United States District Court for the Eastern District of New York alleges violations of the Exchange Act of 1934. The complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont and its lithium business does not have "strong governmental support"; and (v) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
D.A. Davidson & Co., 20th Annual Diversified Industrials & Services Conference, Sep 22, 2021 through Sep 23, 2021
2021-07-06 09:03:00
D.A. Davidson & Co., 20th Annual Diversified Industrials & Services Conference, Sep 22, 2021 through Sep 23, 2021.
Fundamental Summary
According to their recent financial report, which was published on 2022-05-06, Piedmont Lithium had several impressive financial metrics that should make them more attractive than their peers going forward. Specifically, their growth and value factors indicate a well-planned and balanced effort, which is generating exciting growth. These results lead us to believe that there should be significant upside potential for the stock. Therefore, they earned a total score of 84 out of 100 and a BUY recommendation.
Piedmont Lithium reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net loss was USD 9.15 million compared to USD 6.58 million a year ago. Basic loss per share from continuing operations was USD 0.0057 compared to USD 0.0047 a year ago. Diluted loss per share from continuing operations was USD 0.0057 compared to USD 0.0047 a year ago.
Business Description
Piedmont Lithium, 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 is headquartered in Belmont, North Carolina.
Sector Overview
Piedmont Lithium is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Piedmont Lithium's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | -29.7 | 0.0% | 68 | |
| Net Cashflow | -151.5 | 3.4% | 59 | |
| Capital Expenditure | -25.5 | -2.1% | 69 | |
| Asset Turnover | -0.0 | 0.0% | 54 | |
| Free Cashflow | -0.0 | -6.8% | 62 |
* All values are TTM
The below chart reflects Piedmont Lithium's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Piedmont Lithium's peer average final assessment score stands on 68.0, Piedmont Lithium's score is 84.
- PLL
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Piedmont Lithium's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Piedmont Lithium's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.
5D MA
0.64
50D MA
0.81
200D MA
0.79
MACD
-0.05
RSI
0.97
STOCH
7.89
Balance Sheet Analysis
Overall, Piedmont Lithium's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. In terms of liabilities, Piedmont Lithium published good numbers. Their reported liabilities were 6.7, representing a -20.3% change from the previous report. These numbers show that management has successfully encouraged growth while managing liabilities, especially relative to their peers. Therefore, we rated their liabilities movement with a score of 97. Also, Piedmont Lithium reported a positive trendline in their cash and cash equivalents metrics. Specifically, they reported that cash and cash equivalents were 165.9, representing 158.2% change from the last report. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Therefore, its cash and cash equivalents movement earned a score of 97. However, one concerning metric, Book Value Factors, stood out. Piedmont Lithium's price to book ratio (P/B) was reported as 3.4 and represents -35.2% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 0.0%. Their book value factor metrics are even more concerning when compared to their peers. Therefore, their book value factors earned a score of 39. The company's balance sheet, Therefore, earned a score of 88.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 281.5 | 65.4% | 54 |
| Liabilities | 6.7 | -20.3% | 97 |
| Price to Book | 3.4 | -35.2% | 39 |
| Cash & Equivalents | 165.9 | 158.2% | 97 |
| Equity | 274.8 | 69.9% | 82 |
The below chart describes Piedmont Lithium's performance as reflected on its balance sheet with respect to its peers. While Piedmont Lithium received a balance sheet score of 88, the average of its peers stands on 69.0.
- PLL
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 74 | 92 | 47 | 52 | 76 | 58 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 83 | 66 | 68 | 55 | 69 | 65 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 85 | 72 | 46 | 46 | 73 | 52 | 2 | 1 |
| South32 Limited | 18.7B | 74 | 73 | 80 | 79 | 74 | 84 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 83 | 73 | 52 | 42 | 90 | 55 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 74 | 59 | 77 | 62 | 68 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 87 | 70 | 56 | 48 | 65 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 43 | 37 | 80 | 42 | 63 | 50 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 64 | 75 | 87 | 90 | 68 | 85 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 59 | 81 | 87 | 56 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 53 | 64 | 44 | 65 | 89 | 57 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 87 | 72 | 72 | 69 | 72 | 74 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 47 | 57 | 76 | 96 | 54 | 82 | 12 | 1 |
| Alumina Limited | 4.4B | 51 | 69 | 50 | 46 | 84 | 50 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 81 | 62 | 51 | 97 | 87 | 84 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 76 | 66 | 87 | 69 | 53 | 77 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 70 | 37 | 60 | 97 | 92 | 86 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 44 | 56 | 87 | 85 | 71 | 83 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 41 | 44 | 72 | 50 | 70 | 54 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 99 | 56 | 82 | 98 | 66 | 95 | 19 | 1 |
| Sims Limited | 2.7B | 85 | 72 | 83 | 49 | 57 | 68 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 80 | 69 | 68 | 76 | 73 | 77 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 43 | 55 | 82 | 97 | 37 | 81 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 81 | 70 | 73 | 82 | 66 | 81 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 99 | 79 | 61 | 75 | 68 | 77 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 41 | 64 | 87 | 87 | 73 | 82 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 37 | 55 | 82 | 94 | 66 | 83 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 98 | 78 | 39 | 46 | 89 | 54 | 27 | 1 |
| Grange Resources Limited | 1.5B | 54 | 70 | 51 | 71 | 92 | 65 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 69 | 59 | 81 | 91 | 65 | 86 | 29 | 1 |
| West African Resources Limited | 1.3B | 92 | 56 | 81 | 92 | 42 | 87 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 69 | 62 | 62 | 71 | 57 | 66 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 49 | 79 | 69 | 48 | 66 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 83 | 72 | 56 | 65 | 60 | 64 | 33 | 1 |
| Lake Resources NL | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 35 | 1 |
| Regis Resources Limited | 1.1B | 77 | 74 | 51 | 48 | 63 | 53 | 36 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 44 | 83 | 54 | 45 | 37 | 47 | 37 | 1 |
| ioneer Ltd | 867.9M | 98 | 56 | 80 | 86 | 52 | 85 | 38 | 1 |
| Syrah Resources Limited | 856.9M | 63 | 75 | 38 | 46 | 94 | 49 | 39 | 1 |
| Equigold NL | 854.0M | 57 | 46 | 86 | 50 | 45 | 50 | 40 | 1 |
| Ramelius Resources Limited | 828.4M | 67 | 41 | 78 | 48 | 49 | 56 | 41 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 39 | 53 | 80 | 74 | 41 | 67 | 42 | 1 |
| Jervois Global Limited | 813.1M | 71 | 71 | 44 | 94 | 95 | 78 | 43 | 1 |
| Mincor Resources NL | 808.9M | 83 | 78 | 43 | 62 | 56 | 62 | 44 | 1 |
| Imdex Limited | 796.9M | 59 | 69 | 83 | 61 | 75 | 71 | 45 | 1 |
| Bellevue Gold Limited | 722.0M | 96 | 56 | 81 | 87 | 42 | 84 | 46 | 1 |
| St Barbara Limited | 701.5M | 80 | 69 | 51 | 49 | 61 | 53 | 47 | 1 |
| Emerald Resources NL | 679.4M | 51 | 58 | 80 | 51 | 57 | 60 | 48 | 1 |
| Red 5 Limited | 671.6M | 49 | 45 | 39 | 55 | 96 | 47 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 85 | 79 | 39 | 60 | 87 | 60 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 94 | 76 | 39 | 41 | 74 | 48 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 77 | 65 | 55 | 47 | 73 | 54 | 52 | 1 |
| OM Holdings Limited | 563.6M | 84 | 69 | 84 | 81 | 50 | 84 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 44 | 69 | 55 | 46 | 84 | 51 | 54 | 1 |
| Neometals Ltd | 531.9M | 97 | 77 | 46 | 50 | 97 | 60 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 78 | 74 | 55 | 64 | 78 | 66 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 78 | 74 | 55 | 64 | 78 | 66 | 57 | 1 |
| Perenti Global Limited | 461.4M | 68 | 71 | 51 | 61 | 74 | 60 | 58 | 1 |
| Champion Iron Limited | 441.1M | 66 | 49 | 73 | 47 | 67 | 58 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 78 | 75 | 43 | 58 | 85 | 58 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 75 | 72 | 56 | 67 | 67 | 65 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 45 | 56 | 83 | 88 | 40 | 78 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 78 | 74 | 55 | 64 | 78 | 66 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 78 | 74 | 55 | 64 | 78 | 66 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 63 | 93 | 46 | 52 | 80 | 66 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 78 | 74 | 55 | 64 | 78 | 66 | 66 | 1 |
| Talga Group Ltd | 359.9M | 90 | 78 | 38 | 45 | 95 | 53 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 86 | 73 | 58 | 67 | 82 | 71 | 68 | 1 |
| Metals X Limited | 344.8M | 90 | 77 | 50 | 67 | 80 | 68 | 69 | 1 |
| Pantoro Limited | 330.8M | 78 | 74 | 55 | 64 | 78 | 66 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 85 | 69 | 59 | 60 | 72 | 65 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 47 | 61 | 72 | 78 | 44 | 68 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 78 | 74 | 55 | 64 | 78 | 66 | 73 | 1 |
| Firefinch Limited | 236.2M | 78 | 74 | 55 | 64 | 78 | 66 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 78 | 74 | 55 | 64 | 78 | 66 | 75 | 1 |
Income Statement Analysis
Overall, Piedmont Lithium's critical income statement metrics appear to signal strong support and a high likelihood of positive growth going forward. Piedmont Lithium's financials reveal an interesting trend for their revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 24.3%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. The company's revenue efficiency, therefore, received a grade of 87. Also, Piedmont Lithium's reported return on equity (ROE) ratio was -29.7, representing a change of 0.0%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 68. On the other hand, EBITDA, jumped out as looking problematic. Piedmont Lithium's EBIDTA now sits at -40.4 and represents 1.9% change from the last reporting period. This parameter coud affect companies in the same industry and market capitalization by up to 21.0%. Piedmont Lithium appears to be headed in the wrong direction in terms of EBITDA momentum, likely due to insufficient capital controls and a weaker than expected overall financial performance. Discouraging results like these statistically lead to negative pressure in stock prices, so we rated their EBITDA a grade of 63. As the companie's management is doing an excellent job managing the critical metrics, the income statement was given a score of 77.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | -40.4 | 1.9% | 63 |
| Total Revenues | -0.0 | 0.0% | 87 |
| Return on Equity | -29.7 | 0.0% | 68 |
The below chart describes Piedmont Lithium's performance as reflected on its income statement with respect to its peers. While Piedmont Lithium received a income statement score of 77 , the average of its peers stands on 68.0.
- PLL
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 64 | 79 | 79 | 71 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 58 | 78 | 75 | 67 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 95 | 45 | 48 | 66 | 2 | 1 |
| South32 Limited | 18.7B | 47 | 94 | 95 | 72 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 94 | 42 | 44 | 63 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 50 | 91 | 83 | 69 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 48 | 66 | 68 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 98 | 72 | 48 | 78 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 86 | 71 | 66 | 72 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 38 | 96 | 96 | 69 | 9 | 1 |
| Allkem Limited | 6.9B | 46 | 75 | 74 | 61 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 48 | 82 | 82 | 66 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 94 | 46 | 43 | 64 | 12 | 1 |
| Alumina Limited | 4.4B | 87 | 73 | 76 | 79 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 39 | 88 | 45 | 61 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 50 | 62 | 89 | 60 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 37 | 89 | 91 | 97 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 39 | 98 | 97 | 74 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 66 | 61 | 55 | 60 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 87 | 63 | 41 | 68 | 19 | 1 |
| Sims Limited | 2.7B | 45 | 90 | 92 | 69 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 94 | 50 | 52 | 68 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 87 | 78 | 91 | 84 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 42 | 88 | 83 | 65 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 45 | 83 | 66 | 61 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 64 | 73 | 74 | 69 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 87 | 47 | 81 | 70 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 99 | 65 | 76 | 81 | 27 | 1 |
| Grange Resources Limited | 1.5B | 74 | 61 | 61 | 64 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 37 | 98 | 97 | 69 | 29 | 1 |
| West African Resources Limited | 1.3B | 43 | 84 | 63 | 59 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 95 | 42 | 41 | 63 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 45 | 76 | 47 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 94 | 48 | 49 | 67 | 33 | 1 |
| Lake Resources NL | 1.2B | 87 | 62 | 66 | 73 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 87 | 62 | 66 | 73 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 50 | 45 | 53 | 36 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 74 | 37 | 56 | 58 | 37 | 1 |
| ioneer Ltd | 867.9M | 87 | 55 | 60 | 69 | 38 | 1 |
| Syrah Resources Limited | 856.9M | 38 | 67 | 62 | 50 | 39 | 1 |
| Equigold NL | 854.0M | 79 | 44 | 91 | 65 | 40 | 1 |
| Ramelius Resources Limited | 828.4M | 94 | 51 | 48 | 68 | 41 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 87 | 67 | 84 | 78 | 42 | 1 |
| Jervois Global Limited | 813.1M | 37 | 94 | 93 | 71 | 43 | 1 |
| Mincor Resources NL | 808.9M | 98 | 57 | 59 | 77 | 44 | 1 |
| Imdex Limited | 796.9M | 77 | 60 | 56 | 56 | 45 | 1 |
| Bellevue Gold Limited | 722.0M | 87 | 44 | 83 | 69 | 46 | 1 |
| St Barbara Limited | 701.5M | 93 | 56 | 53 | 70 | 47 | 1 |
| Emerald Resources NL | 679.4M | 37 | 96 | 94 | 68 | 48 | 1 |
| Red 5 Limited | 671.6M | 95 | 58 | 66 | 75 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 93 | 58 | 67 | 74 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 99 | 62 | 66 | 78 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 84 | 58 | 43 | 65 | 52 | 1 |
| OM Holdings Limited | 563.6M | 50 | 96 | 97 | 75 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 91 | 62 | 66 | 74 | 54 | 1 |
| Neometals Ltd | 531.9M | 87 | 66 | 56 | 72 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 87 | 62 | 66 | 73 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 87 | 62 | 66 | 73 | 57 | 1 |
| Perenti Global Limited | 461.4M | 73 | 81 | 87 | 78 | 58 | 1 |
| Champion Iron Limited | 441.1M | 95 | 50 | 45 | 71 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 95 | 50 | 62 | 71 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 90 | 51 | 53 | 68 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 68 | 74 | 74 | 70 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 87 | 62 | 66 | 73 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 87 | 62 | 66 | 73 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 96 | 46 | 50 | 81 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 87 | 62 | 66 | 73 | 66 | 1 |
| Talga Group Ltd | 359.9M | 87 | 40 | 47 | 60 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 94 | 47 | 56 | 68 | 68 | 1 |
| Metals X Limited | 344.8M | 94 | 84 | 79 | 87 | 69 | 1 |
| Pantoro Limited | 330.8M | 87 | 62 | 66 | 73 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 68 | 58 | 49 | 58 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 88 | 51 | 48 | 65 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 87 | 62 | 66 | 73 | 73 | 1 |
| Firefinch Limited | 236.2M | 87 | 62 | 66 | 73 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 87 | 62 | 66 | 73 | 75 | 1 |
Cash Flow Analysis
Two metrics jump up as the most significant positive drivers of the cash flow's strength in Piedmont Lithium's recent report: Capex and Free Cash flow. Piedmont Lithium's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -25.5, which represents a -2.1% change from the last period. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. The company's CapEx movement, therefore, received a grade of 69. Also, Piedmont Lithium's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. Piedmont Lithium recorded free cash flow of -0.0, which represents a -6.8% change from the previous report. This parameter coud affect companies in the same industry and market capitalization by up to 4.3%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. Consequently, their free cash flow movement received a grade of 62. On the other hand, Asset Turnover, jumped out as looking rather underwhelming. Piedmont Lithium's asset turnover metrics were concerning and highlighted potential issues management is having effectively turning assets into sales efficiently. At filing, their asset turnover metrics were -0.0, representing a 0.0% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 3.4 percent by this parameter. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Therefore, their asset turnover movement earned a score of 54. Therefore, we scored their cash flow a 60.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -151.5 | 3.4% | 59 |
| Capital Expenditure | -25.5 | -2.1% | 69 |
| Asset Turnover | -0.0 | 0.0% | 54 |
| Free Cashflow | -0.0 | -6.8% | 62 |
The below chart describes Piedmont Lithium's performance as reflected on its cash flow with respect to its peers. While Piedmont Lithium received a cash flow score of 60, the average of its peers stands on 69.0.
- PLL
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 70 | 77 | 80 | 71 | 75 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 74 | 78 | 69 | 74 | 75 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 58 | 48 | 63 | 55 | 57 | 2 | 1 |
| South32 Limited | 18.7B | 72 | 86 | 82 | 75 | 78 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 58 | 69 | 54 | 63 | 61 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 78 | 63 | 76 | 58 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 70 | 58 | 54 | 91 | 73 | 6 | 1 |
| IGO Limited | 7.8B | 80 | 73 | 66 | 57 | 72 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 48 | 47 | 56 | 70 | 52 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 97 | 76 | 78 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 75 | 77 | 70 | 84 | 82 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 69 | 97 | 66 | 73 | 78 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 54 | 49 | 61 | 39 | 50 | 12 | 1 |
| Alumina Limited | 4.4B | 68 | 74 | 76 | 70 | 72 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 49 | 86 | 84 | 39 | 50 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 75 | 84 | 52 | 74 | 74 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 40 | 55 | 56 | 37 | 41 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 77 | 86 | 53 | 93 | 81 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 75 | 63 | 76 | 61 | 70 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 60 | 69 | 76 | 37 | 58 | 19 | 1 |
| Sims Limited | 2.7B | 83 | 98 | 56 | 82 | 82 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 75 | 77 | 63 | 44 | 64 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 59 | 69 | 76 | 51 | 62 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 69 | 94 | 90 | 83 | 83 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 77 | 88 | 96 | 51 | 75 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 73 | 85 | 63 | 71 | 76 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 61 | 69 | 76 | 72 | 69 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 53 | 62 | 84 | 38 | 55 | 27 | 1 |
| Grange Resources Limited | 1.5B | 75 | 79 | 76 | 62 | 73 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 81 | 83 | 81 | 79 | 82 | 29 | 1 |
| West African Resources Limited | 1.3B | 73 | 84 | 42 | 58 | 66 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 63 | 53 | 64 | 47 | 58 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 80 | 69 | 76 | 61 | 73 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 57 | 57 | 54 | 50 | 56 | 33 | 1 |
| Lake Resources NL | 1.2B | 68 | 69 | 76 | 60 | 68 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 68 | 69 | 76 | 60 | 68 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 76 | 68 | 69 | 69 | 36 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 55 | 48 | 71 | 71 | 61 | 37 | 1 |
| ioneer Ltd | 867.9M | 47 | 57 | 54 | 51 | 51 | 38 | 1 |
| Syrah Resources Limited | 856.9M | 59 | 58 | 43 | 98 | 69 | 39 | 1 |
| Equigold NL | 854.0M | 91 | 69 | 72 | 84 | 87 | 40 | 1 |
| Ramelius Resources Limited | 828.4M | 59 | 56 | 81 | 58 | 62 | 41 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 67 | 69 | 76 | 69 | 71 | 42 | 1 |
| Jervois Global Limited | 813.1M | 43 | 51 | 38 | 82 | 54 | 43 | 1 |
| Mincor Resources NL | 808.9M | 63 | 63 | 72 | 45 | 57 | 44 | 1 |
| Imdex Limited | 796.9M | 71 | 72 | 79 | 73 | 74 | 45 | 1 |
| Bellevue Gold Limited | 722.0M | 51 | 64 | 56 | 51 | 54 | 46 | 1 |
| St Barbara Limited | 701.5M | 54 | 46 | 71 | 55 | 56 | 47 | 1 |
| Emerald Resources NL | 679.4M | 84 | 81 | 80 | 81 | 84 | 48 | 1 |
| Red 5 Limited | 671.6M | 68 | 49 | 48 | 59 | 59 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 62 | 74 | 81 | 63 | 68 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 68 | 69 | 59 | 56 | 64 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 59 | 69 | 71 | 59 | 63 | 52 | 1 |
| OM Holdings Limited | 563.6M | 75 | 90 | 90 | 75 | 82 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 72 | 69 | 76 | 69 | 72 | 54 | 1 |
| Neometals Ltd | 531.9M | 62 | 54 | 71 | 52 | 60 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 68 | 69 | 76 | 60 | 68 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 68 | 69 | 76 | 60 | 68 | 57 | 1 |
| Perenti Global Limited | 461.4M | 61 | 69 | 54 | 78 | 67 | 58 | 1 |
| Champion Iron Limited | 441.1M | 56 | 69 | 51 | 49 | 55 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 69 | 69 | 79 | 54 | 67 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 65 | 68 | 74 | 57 | 67 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 69 | 58 | 68 | 71 | 68 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 68 | 69 | 76 | 60 | 68 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 68 | 69 | 76 | 60 | 68 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 51 | 51 | 84 | 44 | 50 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 68 | 69 | 76 | 60 | 68 | 66 | 1 |
| Talga Group Ltd | 359.9M | 53 | 48 | 76 | 70 | 62 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 62 | 54 | 76 | 49 | 60 | 68 | 1 |
| Metals X Limited | 344.8M | 70 | 81 | 72 | 55 | 68 | 69 | 1 |
| Pantoro Limited | 330.8M | 68 | 69 | 76 | 60 | 68 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 72 | 58 | 54 | 49 | 60 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 72 | 53 | 46 | 57 | 62 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 68 | 69 | 76 | 60 | 68 | 73 | 1 |
| Firefinch Limited | 236.2M | 68 | 69 | 76 | 60 | 68 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 68 | 69 | 76 | 60 | 68 | 75 | 1 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.