Piedmont Lithium (PLL) AI Stock Analysis

• Market Cap: $203.99M
• Dividend Yield: N/A
• Average Volume (3M): 606.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.48
• Revenue Growth: 58.18%
• EPS Growth: -25.65%
• Country: US
• Employees: 23
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.35
• Shares Outstanding: 21,946,070
• 10 Day Avg. Volume: 691,254
• 30 Day Avg. Volume: 606,633
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.48
• Enterprise Value/Revenue: 0.94
• Enterprise Value/Gross Profit: 12.35
• Enterprise Value/Ebitda: -1.93
• 1Y Price Target: $10.00
• Price Target Upside: 6.16% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: $10.00 ▲(6.16% Upside)

Piedmont Lithium's overall stock score reflects significant financial challenges, with persistent losses and cash flow issues being the most impactful factors. While technical indicators show bullish momentum, and strategic progress is evident from the earnings call, the negative valuation metrics and market conditions weigh heavily on the stock's attractiveness.

Positive Factors

Growth Opportunities

The merger creates a larger-scale multi-asset company with current production and both near- and longer-term growth opportunities.

Merger Impact

The announced Piedmont/Sayona merger simplifies the NAL ownership/offtake structure and provides MergeCo with full exposure to rising commodity prices.

Negative Factors

Interloper Risk

Interloper risk is considered low due to the interconnectedness of the NAL JV/offtake structure, making Sayona and Piedmont the logical parties to consolidate the asset.

Piedmont Lithium Business Overview & Revenue Model

Company Description

Piedmont Lithium (PLL) is a leading lithium development company focused on advancing its lithium project located in the Piedmont region of North Carolina, USA. The company is primarily engaged in the exploration and development of lithium resources, which are essential for the production of lithium-ion batteries used in electric vehicles and renewable energy storage. Piedmont Lithium aims to become a key supplier of high-quality lithium hydroxide and spodumene concentrate, catering to the growing demand in the electric vehicle market and other industries reliant on lithium-based technologies.

How the Company Makes Money

Piedmont Lithium generates revenue primarily through the production and sale of lithium hydroxide and spodumene concentrate from its mining operations. The company has established key partnerships with major players in the electric vehicle supply chain, which enhances its market position and provides a steady demand for its products. Additionally, Piedmont benefits from the increasing global demand for lithium driven by the transition to electric vehicles and renewable energy sources. The company's revenue model is further supported by long-term contracts and strategic agreements with manufacturers, ensuring a consistent revenue stream as it scales up production.

Piedmont Lithium Financial Statement Overview

Summary

Piedmont Lithium is experiencing rapid revenue growth but faces significant profitability and cash flow challenges. The company maintains a low leverage position, which is positive, but its negative returns and cash flow issues highlight the need for operational improvements to achieve sustainable profitability.

Income Statement

Piedmont Lithium has shown significant revenue growth of 111.93% in the latest year, indicating strong top-line expansion. However, the company is currently unprofitable, with a net profit margin of -64.84% and negative EBIT and EBITDA margins, reflecting operational challenges and high costs relative to revenue.

Balance Sheet

The company's debt-to-equity ratio is low at 0.10, suggesting limited leverage and a conservative capital structure. However, the return on equity is negative at -21.71%, indicating that the company is not generating positive returns for shareholders. The equity ratio is relatively healthy, showing a strong equity base compared to total assets.

Cash Flow

Piedmont Lithium's cash flow situation is challenging, with negative operating cash flow and free cash flow. Despite a slight improvement in free cash flow growth, the operating cash flow to net income ratio is negative, indicating cash flow issues relative to reported losses. The free cash flow to net income ratio suggests that cash outflows exceed net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	105.10M	99.88M	39.82M	0.00	0.00	0.00
Gross Profit	7.98M	10.79M	5.68M	0.00	0.00	0.00
EBITDA	-51.18M	-66.61M	-18.36M	-9.56M	-19.80M	-10.42M
Net Income	-53.19M	-64.76M	-21.78M	-12.97M	-19.99M	-9.82M
Balance Sheet
Total Assets	318.55M	349.88M	381.25M	287.92M	187.85M	6.78M
Cash, Cash Equivalents and Short-Term Investments	59.38M	94.93M	72.21M	99.73M	142.65M	4.43M
Total Debt	30.25M	31.16M	1.57M	1.89M	2.45M	2.59M
Total Liabilities	40.90M	51.64M	48.92M	17.63M	7.44M	2.14M
Stockholders Equity	277.65M	298.25M	332.33M	270.29M	180.41M	4.64M
Cash Flow
Free Cash Flow	-39.16M	-53.58M	-55.15M	-52.18M	-34.46M	-11.35M
Operating Cash Flow	-35.45M	-42.91M	1.57M	-26.45M	-16.26M	-9.81M
Investing Cash Flow	-13.74M	12.68M	-99.32M	-59.80M	-34.57M	-1.55M
Financing Cash Flow	46.29M	46.34M	70.24M	121.25M	174.62M	8.32M

Piedmont Lithium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLL, the sentiment is Positive. The current price of 9.42 is above the 20-day moving average (MA) of 8.28, above the 50-day MA of 7.08, and above the 200-day MA of 8.35, indicating a bullish trend. The MACD of 0.62 indicates Negative momentum. The RSI at 63.40 is Neutral, neither overbought nor oversold. The STOCH value of 73.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PLL.

Piedmont Lithium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLL	58 Neutral	$203.99M	―	-18.43%	―	58.18%	-25.65%
ABAT	50 Neutral	$215.58M	―	-88.49%	―	―	-21.33%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%
IONR	40 Underperform	$216.90M	―	-4.74%	―	―	-173.39%
WWR	36 Underperform	$55.03M	―	-9.26%	―	―	-23.56%

Piedmont Lithium Corporate Events

Piedmont Lithium Adjourns Merger Meeting to August 22

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.

Piedmont Lithium’s Stake in Vinland Begins Trading

On May 28, 2025, Piedmont Lithium Inc. announced that Vinland Lithium Inc. shares began trading on the TSX Venture Exchange. Piedmont, through its subsidiary, holds a 19.90% stake in Vinland, having acquired 2,000,000 shares for C$2,000,000. This move is part of Piedmont’s general investment strategy, with potential actions including acquiring more shares or disposing of them based on market conditions. The shares are subject to a 36-month escrow agreement, with gradual release over the period. This development marks a significant step in Piedmont’s investment activities, potentially impacting its market positioning and stakeholder interests.

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.