PIEDMONT LITHIU/S (PLLL) vs. Its Peers Financial Contrast

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PIEDMONT LITHIU/S (NASDAQ: PLLL) is one of 24 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it weigh in compared to its rivals? We will compare PIEDMONT LITHIU/S to related companies based on the strength of its institutional ownership, valuation, analyst recommendations, profitability, earnings, risk and dividends.

Analyst Recommendations

This is a summary of recent ratings and price targets for PIEDMONT LITHIU/S and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PIEDMONT LITHIU/S 0 0 1 0 3.00
PIEDMONT LITHIU/S Competitors 263 879 1015 34 2.37

PIEDMONT LITHIU/S presently has a consensus price target of $32.00, indicating a potential upside of 323.28%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 34.35%. Given PIEDMONT LITHIU/S’s stronger consensus rating and higher possible upside, equities research analysts plainly believe PIEDMONT LITHIU/S is more favorable than its rivals.

Earnings & Valuation

This table compares PIEDMONT LITHIU/S and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PIEDMONT LITHIU/S N/A -$9.95 million -3.96
PIEDMONT LITHIU/S Competitors $1.83 billion $259.90 million 9.48

PIEDMONT LITHIU/S’s rivals have higher revenue and earnings than PIEDMONT LITHIU/S. PIEDMONT LITHIU/S is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares PIEDMONT LITHIU/S and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PIEDMONT LITHIU/S N/A N/A N/A
PIEDMONT LITHIU/S Competitors 11.25% 12.27% 6.19%

Insider and Institutional Ownership

0.0% of PIEDMONT LITHIU/S shares are owned by institutional investors. Comparatively, 51.2% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 14.8% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

PIEDMONT LITHIU/S rivals beat PIEDMONT LITHIU/S on 9 of the 12 factors compared.

About PIEDMONT LITHIU/S

Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,092 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017. Piedmont Lithium Limited is based in Perth, Australia.

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