Piedmont Lithium

Piedmont Lithium, Inc. is an exploration stage company, which engages in the exploration and development of mineral properties. The firm focuses on developing and manufacturing battery quality lithium hydroxide for the electric vehicle industry. Its projects include Carolina Lithium, Quebec, and Ghana. The company is headquartered in Belmont, NC.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Piedmont Lithium excels in Q3, poised for growth amid challenges

Piedmont Lithium's Q3 performance reflects operational excellence, financial strength, and strategic foresight amidst a dynamic market landscape.
While facing challenges in meeting shipment expectations and market uncertainties, the company's proactive approach positions it well for future growth.
By leveraging strengths in project development, cost management, and market leadership, PLL is poised to capitalize on growth opportunities and navigate industry challenges effectively.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Piedmont Lithium, Inc. is an exploration stage company, which engages in the exploration and development of mineral properties. The firm focuses on developing and manufacturing battery quality lithium hydroxide for the electric vehicle industry. Its projects include Carolina Lithium, Quebec, and Ghana. The company was founded in 2016 and is headquartered in Belmont, NC.

Agilent Technologies

Corporate Update Quarterly Activities and Cash Flow Report for the quarter ended 31 December 2022 Highlights SYDNEY, AUSTRALIA / ACCESSWIRE / January 30, 2023 / The Board of Atlantic Lithium Limited ("Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to present its Quarterly Activities Report for the period ended 31 December 2022. During the quarter, Atlantic Lithium successfully lodged the Mining License Application for the Ewoyaa Lithium Project ("Ewoyaa" or the "Project"), appointed a new Chief Operating Officer, awarded the Front-End Engineering Design (FEED) contract to Primero Group, appointed a Project Manager and continued to focus on advancing studies with further drill results received and highest intersections to date in drilling at the Project, located in Ghana, West Africa.

Atlantic Lithium Limited Announces Quarterly Activities and Cash Flow Report Dec 2022

(Kitco News) - With lithium producers sitting on massive cash piles due to the run up in metal prices, the major industry players have an interesting set of choices, noted Piedmont Lithium's CEO Keith Phillips.

'Generating massive amounts of cash flow' - Piedmont Lithium's Keith Phillips on critical metals M&A

Albemarle

Amplify Lithium & Battery Technology ETF

Proshares S&P Global Core Battery Metals ETF

Lithium Americas Corp

Global X Lithium & Battery Tech ETF

Livent Corp

Sigma Lithium Corp

Sociedad Quimica Y Minera De Chile

Tesla

Wesfarmers Ltd

Lithium chemical and spodumene prices were lower the past month. Lithium market news - Benchmark Mineral Intelligence is forecasting a small lithium deficit in 2023. Fastmarkets expects a small supply surplus to develop in 2023.

Lithium Miners News For The Month Of January 2023

American Lithium Corp

Rio Tinto plc Sponsored

While electric vehicles are the future, interested investors may actually perform better with lithium stocks that will make you rich in 10 years. Fundamentally, the world doesn't need that many auto brands, meaning consolidation will materialize.

7 Lithium Stocks That Will Make You Rich in 10 Years

Production at the Sayona project will soon begin, providing Piedmont with at least 113ktpa of lithium concentrate for $900/t. Atlantic's Ewoyaa Project is slated to begin next year and will provide Piedmont with half of its 255ktpa of SC6 production.

Piedmont To Start Production At One Mine And Construction At Another

Piedmont Lithium Inc. has entered into a strategic acquisition and earn-in agreement with Jourdan Resources. It will add 20 claims of Vallee to North America Lithium Project's NAL 19 claims on adjoining property as part of the agreement.

Piedmont Lithium: Acquisition Of Vallee Lithium Project Could Boost Growth

The average of price targets set by Wall Street analysts indicates a potential upside of 91% in Piedmont Lithium Inc. (PLL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Piedmont Lithium Inc. (PLL) Have the Potential to Rally 91.01% as Wall Street Analysts Expect?

Partnering with a popular EV customer has a funny way of driving shares higher.

Why Shares of Piedmont Lithium Are Powering Higher This Week

Piedmont Lithium, Inc PLL was surging almost 15% at one point on Wednesday.

Piedmont Lithium Charges Higher Following Tesla Deal: What's Happening And What's Next? - Piedmont Lithium (NASDAQ:PLL)

Piedmont (PLL) enters an amended agreement with Tesla to supply lithium at market prices at the time of shipment.

Piedmont (PLL) Amends Lithium Supply Agreement With Tesla

BELMONT, N.C.--( BUSINESS WIRE )--Piedmont Lithium (“Piedmont” or “the Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that the Company's Board of Directors (“Board”) has voted to increase the size of the Board from five to seven directors, adding two new directors, effective January 3, 2023. Christina Alvord and Michael Bless have been appointed to these positions, providing additional executive, operational, and strategic guidance to the Company as it advances in its mission to supply the U.S. with lithium hydroxide from a global portfolio of projects.

Piedmont Lithium Expands Board of Directors

(Kitco News) - Piedmont Lithium (Nasdaq: PLL) announced Tuesday that it has amended its agreement with Tesla, Inc. to supply the U.S. automaker with spodumene concentrate ("SC6") from North American Lithium (“NAL”).

Piedmont Lithium amends its offtake agreement with Tesla

Tesla (NASDAQ: TSLA ) is off to a rocky start in 2023, but it just secured an important three-year partnership. The electric vehicle (EV) producer has reached an agreement with Piedmont Lithium (NASDAQ: PLL ) that will provide it with a key EV battery component.

What Tesla Deal Means for Piedmont Lithium (PLL) Stock

Piedmont Lithium Inc (NASDAQ:PLL) stock is up 4.9% at $46.17 at last check, after the company amended its supply deal with Tesla (TSLA).

Piedmont Lithium Ramps Up Deal with Tesla, Shares Rise

Tesla amended its supply agreement with Piedmont Lithium, securing the EV giant's lithium deliveries through 2025. PLL stock spiked premarket.

Tesla Locks Battery Material Supply; This Lithium Stock Soars

BELMONT, N.C.--( BUSINESS WIRE )--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that it has amended its agreement with Tesla, Inc. (“Tesla”) to supply the U.S. automaker with spodumene concentrate (“SC6”) from North American Lithium (“NAL”).

Piedmont Lithium Amends Agreement With Tesla

BYD Company Limited

ChargePoint Holdings

Coherent Corp

Global X Autonomous & Electric Vehicles ETF

iShares Self-Driving EV and Tech ETF

indie Semiconductor

Innoviz Technologies

KraneShares Electric Vehicles & Future Mobility Index ETF

Li Auto Inc.

Stellantis N.V. 

WisdomTree Battery Value Chain and Innovation Fund

XPeng

Even as electric-vehicle sales have been gaining traction, associated stocks have been crushed during 2022, led by Tesla.

20 EV stocks that could rebound the most in 2023

Development Update Award of Processing Plant FEED Contract to Primero Appointment of Highly-experienced Project Manager Ewoyaa Lithium Project Ghana, West Africa SYDNEY, AUSTRALIA / ACCESSWIRE / December 13, 2022 / Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF)(ASX:A11) ("Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce the award of the processing plant Front-End Engineering Design ("FEED") contract (the "Contract") for the Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana, West Africa to Primero Group ("Primero"), an industry-leading vertically-integrated engineering group. Under the terms of the agreement, Primero will provide services to optimise the Project's flow sheet, identify long lead items, look to maximise the Project's long-term profitability, reduce execution risk and ultimately support the advancement of the Project towards becoming a financially and operationally robust lithium-producing mine.

Atlantic Lithium Limited - Primero Awarded FEED Contract for Ewoyaa Lithium

BELMONT, N.C.--( BUSINESS WIRE )--Piedmont Lithium (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced that North American Lithium (“NAL”), an open pit mining and spodumene concentrate operation owned 75% by Sayona Mining (“Sayona”) (ASX:SYA) and 25% by Piedmont, was issued the last remaining permit required to restart operations at the Quebec site. Receipt of the key permit from Canada's Department of Fisheries and Oceans paves the way for an expected restart of spodumene concentrate production in H1 2023.

North American Lithium Receives Remaining Permit Required to Restart Mining Operations

Despite favorable trends, investors seemed to run out of energy with companies in this industry.

5 Falling Stocks Investors Didn't Expect on Black Friday

BELMONT, N.C.--( BUSINESS WIRE )--Piedmont Lithium (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced that Sayona Quebec, owned 75% by Sayona Mining (“Sayona”) (ASX:SYA) and 25% by Piedmont, has entered into a strategic acquisition and earn-in agreement with Jourdan Resources Inc. (“Jourdan Resources” or “Jourdan”) (TSXV:JOR) for 48 claims of the Vallée Lithium Project (“Vallée”). The move will increase the land position for Sayona Quebec's adjacent North American Lithium project (“NAL”) operation.

Sayona Quebec Expands Land Position With Acquisition & Earn-In of Vallée Lithium Project

Standard Lithium Ltd

Lithium is crucial for the green energy boom. The only problem is that there's more demand than there is supply, which isn't likely to balance out any time soon.

7 No-Brainer Lithium Stocks to Buy for 2023 and Beyond

Piedmont is derisked through an experienced partner. Near-term cash flow capitalizing on record lithium prices.

Piedmont Lithium: Partnered To Succeed

Piedmont Lithium (PLL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Piedmont Lithium (PLL) Ahead of Earnings?

Since the Inflation Reduction Act is set to introduce rules on the sourcing of raw materials for use in electric cars, the Biden administration has decided to invest in building up local supply chains.

News for Piedmont Lithium Stock (PLL)