Piedmont Lithium Limited – Consensus Indicates Potential 48.1% Upside

Broker Ratings
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Piedmont Lithium Limited found using ticker (PLL) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 50 and 36 with a mean TP of 41.25. Given that the stocks previous close was at 27.85 this would imply there is a potential upside of 48.1%. The 50 day moving average now sits at 26.39 and the 200 moving average now moves to 16.03. The market capitalisation for the company is $373m. Company Website: http://www.piedmontlithium.com

Piedmont Lithium Limited engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 2,126 acres in the North Carolina, the United States. It also owns a 61-acre property in Kings Mountain, 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 was incorporated in 1983 and is based in Perth, Australia.

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