Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Piedmont Lithium ( (PLL) ) is now available.
Piedmont Lithium Inc. announced on August 11, 2025, that its special meeting of stockholders to approve a proposed merger with Sayona Mining Ltd has been adjourned to August 22, 2025. Following this adjournment, Sayona and Resource Capital Fund VIII L.P. extended the end date of their subscription agreement to December 31, 2025, and agreed on additional terms for the issuance of options, potentially increasing Sayona’s capital by approximately AU$38 million if fully exercised.
The most recent analyst rating on (PLL) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Piedmont Lithium stock, see the PLL Stock Forecast page.
Spark’s Take on PLL Stock
According to Spark, TipRanks’ AI Analyst, PLL is a Neutral.
Piedmont Lithium’s overall stock score reflects the company’s struggle with profitability and cash flow, balanced by positive strategic initiatives and project developments. The financial performance significantly impacts the score, while technical trends and valuation present challenges. The company’s forward-looking strategies and recent corporate advancements offer some optimism for future prospects.
To see Spark’s full report on PLL stock, click here.
More about Piedmont Lithium
Piedmont Lithium Inc. operates in the lithium industry, focusing on the production and supply of lithium resources, which are crucial for battery manufacturing and the growing electric vehicle market.
Average Trading Volume: 410,506
Technical Sentiment Signal: Sell
Current Market Cap: $204M
Learn more about PLL stock on TipRanks’ Stock Analysis page.