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.
Piedmont Lithium ( (AU:PLL) ) just unveiled an update.
Piedmont Lithium reported its Q2 2025 results, highlighting shipments of approximately 20,200 dmt of spodumene concentrate and revenue of US$11.9 million. The company achieved record production and efficiency at its North American Lithium operations, despite a challenging lithium market. Piedmont is also progressing with a proposed merger with Sayona Mining, which is seen as a strategic move to enhance long-term value. The merger has been supported by Sayona shareholders, and Piedmont has adjourned its Special Meeting to allow more time for shareholder voting. The company’s cash reserves stood at US$56.1 million as of June 30, 2025, and it continues to focus on disciplined capital allocation and advancing critical permits for its projects.
The most recent analyst rating on (AU:PLL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Piedmont Lithium stock, see the AU:PLL Stock Forecast page.
More about Piedmont Lithium
Piedmont Lithium Inc. is a leading North American supplier of lithium products, which are critical to the U.S. electric vehicle supply chain. The company focuses on producing spodumene concentrate and operates projects like the North American Lithium and Ewoyaa Lithium Project.
Average Trading Volume: 2,270,532
Technical Sentiment Signal: Sell
Current Market Cap: A$271.4M
For an in-depth examination of PLL stock, go to TipRanks’ Overview page.