Payment of 1186 shares by Krishna McVey of Piedmont Lithium subject to Rule 16b-3

PLL Stock  USD 13.28  1.23  10.21%   
About 52% of Piedmont Lithium's institutional investors are presently thinking to get in. The current sentiment regarding investing in Piedmont Lithium Ltd stock implies that some traders are interested. Piedmont Lithium's investing sentiment shows overall attitude of investors towards Piedmont Lithium Ltd.
  
Filed transaction by Piedmont Lithium Inc officer. Payment of exercise price or tax liability by delivering or withholding securities

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Piedmont insider trading alert for payment of common stock par value 0.0001 by Krishna McVey, EVP and CAO, on 2nd of February 2024. This event was filed by Piedmont Lithium Inc with SEC on 2024-02-02. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Piedmont Lithium's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Piedmont Lithium's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Piedmont Lithium Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Piedmont Lithium can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Piedmont Lithium Fundamental Analysis

We analyze Piedmont Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Piedmont Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Piedmont Lithium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Sales

Price To Sales Comparative Analysis

Piedmont Lithium is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Piedmont Lithium Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Piedmont Lithium stock to make a market-neutral strategy. Peer analysis of Piedmont Lithium could also be used in its relative valuation, which is a method of valuing Piedmont Lithium by comparing valuation metrics with similar companies.

Peers

Piedmont Lithium Related Equities

MPMP Materials   4.86   
0%
65.0%
SLIStandard Lithium   4.22   
0%
57.0%
LACLithium Americas   2.32   
0%
31.0%
NBNioCorp Developments   2.21   
0%
29.0%
BHPBHP Group   0.65   
0%
8.0%
VALEVale SA   0.60   
0%
8.0%
RIORio Tinto   0.35   
4.0%
0%
TECKTeck Resources   0.85   
11.0%
0%
AMLIAmerican Lithium   1.39   
18.0%
0%
SGMLSigma Lithium   4.78   
64.0%
0%
PILBFPilbara Minerals   6.56   
89.0%
0%
PMETFPatriot Battery   7.37   
100.0%
0%
When determining whether Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Lithium. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Earnings Share
(4.10)
Revenue Per Share
0.024
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.09)
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.