Piedmont Lithium Limited (NASDAQ:PLL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $9.70. Piedmont Lithium shares last traded at $9.56, with a volume of 123 shares.
Separately, Zacks Investment Research cut shares of Piedmont Lithium from a “hold” rating to a “sell” rating in a report on Thursday, May 23rd.
The firm has a market capitalization of $63.79 million, a P/E ratio of -5.08 and a beta of 1.62.
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.
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