Piedmont Lithium Inc. (NASDAQ:PLL)’s traded shares stood at 1.19 million during the last session. At the close of trading, the stock’s price was $58.37, to imply an increase of 12.16% or $6.33 in intraday trading. The PLL share’s 52-week high remains $79.99, putting it -37.04% down since that peak but still an impressive 45.04% since price per share fell to its 52-week low of $32.08. The company has a valuation of $1.05B, with an average of 0.4 million shares in intraday trading volume over the past 10 days and average of 442.51K shares over the past 3 months.

Piedmont Lithium Inc. (NASDAQ:PLL) trade information

After registering a 12.16% upside in the last session, Piedmont Lithium Inc. (PLL) has traded red over the past five days. The stock hit a weekly high of 58.45 this Wednesday, 10/19/22, jumping 12.16% in its intraday price action. The 5-day price performance for the stock is 13.67%, and -7.22% over 30 days. With these gigs, the year-to-date price performance is 11.27%. Short interest in Piedmont Lithium Inc. (NASDAQ:PLL) saw shorts transact 2.45 million shares and set a 3.85 days time to cover.

Analysts on Wall Street suggest a consensus price target of $106.42, implying an increase of 45.15% to the stock’s current value. The extremes give us $85.00 and $140.39 for target low and target high price respectively. As such, PLL has been trading -140.52% off suggested target high and -45.62% from its likely low.

Piedmont Lithium Inc. (PLL) estimates and forecasts

PLL Dividends

Piedmont Lithium Inc. has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Piedmont Lithium Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Piedmont Lithium Inc. (NASDAQ:PLL)’s Major holders

Piedmont Lithium Inc. insiders hold 3.20% of total outstanding shares, with institutional holders owning 39.25% of the shares at 40.55% float percentage. In total, 39.25% institutions holds shares in the company, led by State Street Corporation. As of Mar 30, 2022, the company held over 1.15 million shares (or 6.41% of shares), all amounting to roughly $83.88 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 0.74 million shares, or about 4.15% of shares outstanding. As of the market price on Mar 30, 2022, these shares were worth $54.28 million.

We also have SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Piedmont Lithium Inc. (PLL) shares. Going by data provided on Jun 29, 2022, SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF holds roughly 1.26 million shares. This is just over 7.04% of the total shares, with a market valuation of $45.98 million. Data from the same date shows that the other fund manager holds a little less at 0.48 million, or 2.69% of the shares, all valued at about 35.25 million.

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