Piedmont Lithium Limited with ticker code (PLL) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 36 calculating the mean target price we have 41.25. Now with the previous closing price of 27.85 this is indicating there is a potential upside of 48.1%. The 50 day MA is 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
The potential market cap would be $552m based on the market concensus.
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.
