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The latest announcement is out from Piedmont Lithium ( (AU:PLL) ).
Piedmont Lithium Inc. is set to be removed from the ASX Official List following a merger agreement with Sayona Mining Limited, which will acquire all issued capital of Piedmont. This strategic move could potentially enhance Sayona Mining’s market position and influence in the lithium sector, impacting stakeholders by consolidating resources and expanding operational capabilities.
The most recent analyst rating on (AU:PLL) stock is a Buy with a A$0.10 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. operates in the lithium industry, focusing on the production and supply of lithium resources, which are critical for the manufacturing of batteries used in electric vehicles and other technologies.
Average Trading Volume: 2,347,070
Technical Sentiment Signal: Sell
Current Market Cap: A$241.1M
For detailed information about PLL stock, go to TipRanks’ Stock Analysis page.