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 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 indicates there is a potential upside of 48.1%. The day 50 moving average is 26.39 and the 200 day MA is 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.

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