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Piedmont Lithium

Nasdaq:PLL
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PLL
Nasdaq
A$117M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Piedmont Lithium has significant price volatility in the past 3 months.
PLL Share Price and Events
7 Day Returns
19%
NasdaqCM:PLL
-1.9%
US Metals and Mining
-0.3%
US Market
1 Year Returns
22%
NasdaqCM:PLL
-23.2%
US Metals and Mining
7%
US Market
PLL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Piedmont Lithium (PLL) 19% 72% 78.7% 22% - -
US Metals and Mining -1.9% -0.7% 6.4% -23.2% 16.6% -12.2%
US Market -0.3% 2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • PLL outperformed the Metals and Mining industry which returned -23.2% over the past year.
  • PLL outperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
PLL
Industry
5yr Volatility vs Market

Value

 Is Piedmont Lithium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Piedmont Lithium. This is due to cash flow or dividend data being unavailable. The share price is $13.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Piedmont Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Piedmont Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PLL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.02
ASX:PLL Share Price ** ASX (2019-04-18) in AUD A$0.18
ASX:PLL Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.13
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 8.83x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Piedmont Lithium.

NasdaqCM:PLL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PLL Share Price ÷ EPS (both in USD)

= 0.13 ÷ -0.02

-7.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Piedmont Lithium is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Piedmont Lithium is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Piedmont Lithium's expected growth come at a high price?
Raw Data
NasdaqCM:PLL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-49.7%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.69x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Piedmont Lithium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Piedmont Lithium's assets?
Raw Data
NasdaqCM:PLL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.02
ASX:PLL Share Price * ASX (2019-04-18) in AUD A$0.18
ASX:PLL Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.13
United States of America Metals and Mining Industry PB Ratio Median Figure of 101 Publicly-Listed Metals and Mining Companies 1.44x
United States of America Market PB Ratio Median Figure of 5,184 Publicly-Listed Companies 1.91x
NasdaqCM:PLL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PLL Share Price ÷ Book Value per Share (both in USD)

= 0.13 ÷ 0.02

8.19x

* Primary Listing of Piedmont Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Piedmont Lithium is overvalued based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Piedmont Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Piedmont Lithium has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Piedmont Lithium expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-49.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Piedmont Lithium expected to grow at an attractive rate?
  • Unable to compare Piedmont Lithium's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Piedmont Lithium's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Piedmont Lithium's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PLL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PLL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -49.7%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PLL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PLL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 6 5 -25 1
2020-06-30 0 1 -1 1
2019-06-30 0 -6 -7 2
NasdaqCM:PLL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -9 -10
2018-09-30 -8 -10
2018-06-30 -8 -10
2018-03-31 -6 -8
2017-12-31 -4 -6
2017-09-30 -3 -4
2017-06-30 -1 -3
2017-03-31 0 -1 -2
2016-12-31 0 0 -1
2016-09-30 0 0 -1
2016-06-30 0 0
2016-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Piedmont Lithium is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Piedmont Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PLL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Piedmont Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PLL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 -0.03 -0.03 -0.03 1.00
2020-06-30 0.00 0.00 0.00 1.00
2019-06-30 -0.01 -0.01 -0.01 1.00
NasdaqCM:PLL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Piedmont Lithium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Piedmont Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Piedmont Lithium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Piedmont Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Piedmont Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Piedmont Lithium does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Piedmont Lithium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Piedmont Lithium's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Piedmont Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Piedmont Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PLL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -9.74 9.85
2018-09-30 -9.85 9.71
2018-06-30 -9.96 9.56
2018-03-31 -7.99 7.66
2017-12-31 -5.95 5.68
2017-09-30 -4.29 4.16
2017-06-30 -2.64 2.63
2017-03-31 -0.01 -1.81 1.83
2016-12-31 -0.02 -0.93 0.97
2016-09-30 -0.01 -0.64 0.72
2016-06-30 -0.29 0.40
2016-03-31 0.00 -0.36 0.48
2015-12-31 -0.01 -0.41 0.51
2015-09-30 0.00 -0.61 0.67
2015-06-30 -0.91 0.93
2015-03-31 0.05 -1.34 1.39
2014-12-31 0.10 -1.91 1.99
2014-09-30 0.14 -2.35 2.47
2014-06-30 0.18 -2.86 3.04
2014-03-31 0.21 -2.77 2.97
2013-12-31 0.23 -2.64 2.84
2013-09-30 0.28 -2.71 2.86
2013-06-30 0.32 -2.60 2.69
2013-03-31 0.41 -2.84 2.87
2012-12-31 0.46 -2.71 2.67
2012-09-30 0.51 -2.37 2.40
2012-06-30 0.54 -2.01 2.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Piedmont Lithium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Piedmont Lithium has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Piedmont Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Piedmont Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Piedmont Lithium has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Piedmont Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Piedmont Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Piedmont Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Piedmont Lithium has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Piedmont Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Piedmont Lithium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Piedmont Lithium Company Filings, last reported 3 months ago.

NasdaqCM:PLL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 10.18 0.00 9.58
2018-09-30 10.18 0.00 9.58
2018-06-30 6.07 0.00 7.28
2018-03-31 6.07 0.00 7.28
2017-12-31 11.55 0.00 11.69
2017-09-30 11.60 0.00 11.74
2017-06-30 3.27 0.00 3.54
2017-03-31 3.27 0.00 3.54
2016-12-31 0.97 0.00 0.84
2016-09-30 1.03 0.00 0.89
2016-06-30 1.38 0.00 1.38
2016-03-31 1.43 0.00 1.43
2015-12-31 1.52 0.00 1.50
2015-09-30 1.46 0.00 1.45
2015-06-30 1.80 0.00 1.77
2015-03-31 1.79 0.00 1.76
2014-12-31 2.20 0.00 2.17
2014-09-30 2.35 0.00 2.32
2014-06-30 3.26 0.00 3.39
2014-03-31 3.20 0.00 3.33
2013-12-31 4.45 0.00 4.56
2013-09-30 4.65 0.00 4.77
2013-06-30 5.91 0.00 6.06
2013-03-31 6.72 0.00 6.89
2012-12-31 8.23 0.00 8.40
2012-09-30 8.23 0.00 8.39
2012-06-30 9.23 0.00 9.02
  • Piedmont Lithium has no debt.
  • Piedmont Lithium has not taken on any debt in 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.

  • Piedmont Lithium has less than a year of cash runway based on current free cash flow.
  • Piedmont Lithium has less than a year of cash runway if free cash flow continues to grow at historical rates of 98.1% each year.
X
Financial health checks
We assess Piedmont Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Piedmont Lithium has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Piedmont Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Piedmont Lithium dividends.
If you bought $2,000 of Piedmont Lithium shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Piedmont Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Piedmont Lithium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PLL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:PLL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Piedmont Lithium has not reported any payouts.
  • Unable to verify if Piedmont Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Piedmont Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Piedmont Lithium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Piedmont Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Piedmont Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Piedmont Lithium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Piedmont Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Keith Phillips
COMPENSATION $901,533
AGE 57
TENURE AS CEO 1.8 years
CEO Bio

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 Metals and Mining Investment Banking at Cowen Securities LLC, where he was responsible for its Metals & Mining investment banking effort globally. He joined Cowen Securities LLC in August 2008 from JP Morgan, where he headed the investment bank’s Metals & Mining practice. He previously ran the Metals & Mining investment banking groups at Bear Stearns & Co and Merrill Lynch. He has worked with numerous mining companies, including many established global leaders, such as Rio Tinto, Vale, Barrick Gold and Peabody Energy, successful growth companies such as Goldcorp, Yamana Gold, PanAmerican Silver and Royal Gold, as well exploration and development stage companies such as Silver Standard, Minefinders, NovaGold, Seabridge Gold, Gold Reserve and Noront Resources. He has dedicated most of the past decade in advising exploration and development-stage companies in achieving their strategic objectives, with a particular focus on obtaining relevance in the United States capital markets. Mr. Phillips has worked with over one hundred Metals & Mining companies during his 22-year Wall Street career. He is a trustee of the Montclair Kimberley Academy. He is a member of the Canadian Institute of Chartered Accountants. Mr. Phillips received his MBA from the University of Chicago and a Bachelor of Commerce from Laurentian University in Canada.

CEO Compensation
  • Insufficient data for Keith to compare compensation growth.
  • Keith's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Piedmont Lithium management team in years:

1.5
Average Tenure
47
Average Age
  • The average tenure for the Piedmont Lithium management team is less than 2 years, this suggests a new team.
Management Team

Keith Phillips

TITLE
MD, CEO
COMPENSATION
$902K
AGE
57
TENURE
1.8 yrs

Bruce Czachor

TITLE
VP & General Counsel
COMPENSATION
$131K
AGE
57
TENURE
1.3 yrs

Taso Arima

TITLE
Executive Director
COMPENSATION
$304K
AGE
33

Lamont Leatherman

TITLE
VP & Chief Geologist
COMPENSATION
$291K
TENURE
2.5 yrs

David Buckley

TITLE
VP & Chief Process Engineer
COMPENSATION
$256K
TENURE
1.3 yrs

Greg Swan

TITLE
Company Secretary
COMPENSATION
$29K
AGE
37
TENURE
6.5 yrs

Patrick Brindle

TITLE
VP & Project Manager
COMPENSATION
$263K
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Piedmont Lithium board of directors in years:

2.1
Average Tenure
56
Average Age
  • The average tenure for the Piedmont Lithium board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Middlemas

TITLE
Non-Executive Chairman
COMPENSATION
$31K
AGE
58
TENURE
9.6 yrs

Keith Phillips

TITLE
MD, CEO
COMPENSATION
$902K
AGE
57
TENURE
1.8 yrs

Taso Arima

TITLE
Executive Director
COMPENSATION
$304K
AGE
33
TENURE
2.5 yrs

Levi Mochkin

TITLE
Non-Executive Director
COMPENSATION
$97K
AGE
55
TENURE
13 yrs

Jorge Beristain

TITLE
Independent Non-Executive Director
COMPENSATION
$32K
TENURE
0.9 yrs

Jeff Armstrong

TITLE
Independent Non Executive Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
06. Jan 19 Buy Jorge Beristain Individual 31. Dec 18 31. Dec 18 11,490 $6.05 $69,515
06. Jan 19 Buy Keith Phillips Individual 31. Dec 18 31. Dec 18 5,600 $6.05 $33,880
25. Jun 18 Buy Jorge Beristain Individual 15. Jun 18 15. Jun 18 5,000 $15.40 $76,978
X
Management checks
We assess Piedmont Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Piedmont Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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 1,092 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.

Details
Name: Piedmont Lithium Limited
PLL
Exchange: NasdaqCM
Founded:
A$83,875,428
670,380,352
Website: http://www.piedmontlithium.com
Address: Piedmont Lithium Limited
BGC Centre,
Level 9,
Perth,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PLL Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK PDDT.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB PL4 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
ASX PFP Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
CHIA PLL Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
NasdaqCM PLL SPONSORED ADR Nasdaq Capital Market US USD 07. Nov 2017
Number of employees
Current staff
Staff numbers
12
Piedmont Lithium employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 00:42
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/04
Last earnings filing: 2019/03/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.