Piedmont Lithium (PLL) Shares Drop Amidst Market Volatility

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6 days ago
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Piedmont Lithium (PLL, Financial) experienced a significant stock drop of 5.08%. The stock is currently trading at $9.35 with a trading volume of 427,707 shares and a turnover rate of 1.96%. The stock's recent financial report revealed an operating revenue of $27.66 million, a net loss of $16.69 million, and an earnings per share of -$0.86. The gross profit stood at $2.62 million, with a price-to-earnings ratio of -2.29.

Analyst ratings show that out of seven institutions, 43% recommend buying, and 57% suggest holding, with no sell recommendations. The industrial metals and mining sector, where Piedmont Lithium operates, saw an overall decline of 1.02%. Within the sector, stocks like Snow Lake Resources Ltd. and Nouveau Monde Graphite Inc. showed notable gains, while others like American Battery Technology Company were highly active.

Piedmont Lithium Inc. is a U.S.-based lithium company with projects in North Carolina and Tennessee, supporting clean energy and energy security.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.