Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States.
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Piedmont Lithium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLL has not had significant price volatility in the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: PLL underperformed the US Metals and Mining industry which returned -28.5% over the past year.
Return vs Market: PLL underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Piedmont Lithium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Piedmont Lithium undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: PLL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLL is overvalued based on its PB Ratio (2.4x) compared to the US Metals and Mining industry average (1.1x).
How is Piedmont Lithium forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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 (1.7%).
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's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if PLL's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if PLL's revenue 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
How has Piedmont Lithium performed over the past 5 years?
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 -51.2% 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 (-26.9%).
Return on Equity
High ROE: PLL has a negative Return on Equity (-62.07%), as it is currently unprofitable.
How is Piedmont Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($11.5M) exceed its short term liabilities ($883.4K).
Long Term Liabilities: PLL's short term assets ($11.5M) exceed its long term liabilities ($739.1K).
Debt to Equity History and Analysis
Debt Level: PLL's debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLL's debt to equity ratio has reduced over the past 5 years.
Inventory Level: PLL has a high level of physical assets or inventory.
Debt Coverage by Assets: PLL's debt is covered by short term assets (assets are 13.4x debt).
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 less than a year of cash runway 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.
What is Piedmont Lithium's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PLL's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PLL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keith Phillips (59yo)
Mr. Keith D. Phillips has been Chief Executive Officer, President Managing Director, and Director at Piedmont Lithium Ltd. since July 10, 2017. Mr. Phillips served as Managing Director and Global Head of M ...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD628.30K) is about average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
|MD, CEO||2.67yrs||US$628.30k||0.26% $93.1k|
|CFO & Company Secretary||no data||US$4.40k||no data|
|VP & General Counsel||2.17yrs||US$161.17k||no data|
|VP & Chief Process Engineer||2.17yrs||US$235.57k||0.036% $12.9k|
Experienced Management: PLL's management team is considered experienced (2.2 years average tenure).
|MD, CEO||2.67yrs||US$628.30k||0.26% $93.1k|
|Non-Executive Director||13.83yrs||US$125.04k||6.37% $2.3m|
|Non-Executive Chairman||10.42yrs||US$25.76k||2.66% $944.6k|
|Non-Executive Director||1.83yrs||US$54.11k||0.30% $107.8k|
|Non-Executive Director||3.42yrs||US$250.32k||0.35% $125.3k|
|Non Executive Director||1.58yrs||US$71.15k||0.091% $32.3k|
Experienced Board: PLL's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.5%.
Piedmont Lithium Limited's company bio, employee growth, exchange listings and data sources
- Name: Piedmont Lithium Limited
- Ticker: PLL
- Exchange: NasdaqCM
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$57.702m
- Listing Market Cap: AU$35.542m
- Shares outstanding: 824.32m
- Website: https://www.piedmontlithium.com
Number of Employees
- Piedmont Lithium Limited
- BGC Centre
- Level 9
- Western Australia
|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|
|PL4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|PFP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|PDDT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|PLL||NasdaqCM (Nasdaq Capital Market)||SPONSORED ADR||US||USD||Nov 2017|
Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,104 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017. Piedmont Lithium Limited is based in Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:43|
|End of Day Share Price||2020/03/30 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.