Piedmont Lithium Limited with ticker code (PLL) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 50 and 36 with the average target price sitting at 41.25. With the stocks previous close at 27.85 this now indicates there is a potential upside of 48.1%. The day 50 moving average is 26.39 and the 200 day moving average 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.
