PLL Stock Overview
Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States.
Piedmont Lithium Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.88|
|52 Week High||AU$1.08|
|52 Week Low||AU$0.48|
|1 Month Change||2.33%|
|3 Month Change||70.87%|
|1 Year Change||21.38%|
|3 Year Change||877.78%|
|5 Year Change||388.89%|
|Change since IPO||-83.08%|
Recent News & Updates
|PLL||AU Metals and Mining||AU Market|
Return vs Industry: PLL exceeded the Australian Metals and Mining industry which returned 8.6% over the past year.
Return vs Market: PLL exceeded the Australian Market which returned -8% over the past year.
|PLL Average Weekly Movement||11.0%|
|Metals and Mining Industry Average Movement||11.4%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: PLL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: PLL's weekly volatility (11%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|PLL fundamental statistics|
Is PLL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLL income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.026|
|Net Profit Margin||0.00%|
How did PLL perform over the long term?See historical performance and comparison
Is PLL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PLL?
Other financial metrics that can be useful for relative valuation.
|What is PLL's n/a Ratio?|
Price to Book Ratio vs Peers
How does PLL's PB Ratio compare to its peers?
|PLL PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
CHN Chalice Mining
LKE Lake Resources
CXO Core Lithium
PLL Piedmont Lithium
Price-To-Book vs Peers: PLL is good value based on its Price-To-Book Ratio (3.9x) compared to the peer average (7x).
Price to Earnings Ratio vs Industry
How does PLL's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Book vs Industry: PLL is expensive based on its Price-To-Book Ratio (3.9x) compared to the Australian Metals and Mining industry average (1.8x)
Price to Book Ratio vs Fair Ratio
What is PLL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||3.9x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate PLL's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PLL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PLL (A$0.88) is trading below our estimate of fair value (A$3.31)
Significantly Below Fair Value: PLL is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Piedmont Lithium forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).
Earnings vs Market: PLL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PLL is expected to become profitable in the next 3 years.
Revenue vs Market: PLL's revenue (55% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: PLL's revenue (55% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PLL's Return on Equity is forecast to be high in 3 years time
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How has Piedmont Lithium performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLL is currently unprofitable.
Growing Profit Margin: PLL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLL is unprofitable, and losses have increased over the past 5 years at a rate of 45.4% per year.
Accelerating Growth: Unable to compare PLL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33.8%).
Return on Equity
High ROE: PLL has a negative Return on Equity (-17.72%), as it is currently unprofitable.
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How is Piedmont Lithium's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($143.5M) exceed its short term liabilities ($6.1M).
Long Term Liabilities: PLL's short term assets ($143.5M) exceed its long term liabilities ($349.4K).
Debt to Equity History and Analysis
Debt Level: PLL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PLL's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PLL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PLL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is Piedmont Lithium current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Piedmont Lithium Dividend Yield vs Market|
|Company (Piedmont Lithium)||n/a|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.0%|
|Industry Average (Metals and Mining)||9.8%|
|Analyst forecast in 3 Years (Piedmont Lithium)||n/a|
Notable Dividend: Unable to evaluate PLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PLL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PLL has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keith Phillips (61 yo)
Mr. Keith Douglas Phillips, B.Com, H.B.Com., MBA, has been Chief Executive Officer, President, Managing Director and Director at Piedmont Lithium Inc., since July 10, 2017. Mr. Phillips served as Managing...
CEO Compensation Analysis
|Keith Phillips's Compensation vs Piedmont Lithium Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$1m||US$250k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||US$547k||US$250k|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||US$628k||US$250k|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||US$902k||US$245k|
Compensation vs Market: Keith's total compensation ($USD1.17M) is about average for companies of similar size in the Australian market ($USD1.08M).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
Experienced Management: PLL's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: PLL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Piedmont Lithium Inc.'s employee growth, exchange listings and data sources
- Name: Piedmont Lithium Inc.
- Ticker: PLL
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$1.599b
- Shares outstanding: 1.80b
- Website: https://www.piedmontlithium.com
Number of Employees
- Piedmont Lithium Inc.
- 32 North Main Street
- Suite 100
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|PLL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|6S3A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|PLLT.L||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|PL4A||DB (Deutsche Boerse AG)||SPONSORED ADR||DE||EUR||Nov 2017|
|PLL||NasdaqCM (Nasdaq Capital Market)||Ordinary Shares||US||USD||May 2021|
|6S3||DB (Deutsche Boerse AG)||Ordinary Shares||DE||EUR||May 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/05 00:00|
|End of Day Share Price||2022/10/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.