How to Buy Piedmont Lithium Stock
Piedmont Lithium Inc
Piedmont Lithium Inc. , an exploration stage company, engages in the exploration and development of resource projects in the United States.
Piedmont Lithium stock last closed at $13.46, up 0.98% from the previous day, and has decreased 76.19% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.5 percentage points. Piedmont Lithium stock is currently +24.34% from its 52-week low of $10.83, and -79.52% from its 52-week high of $65.72.
At the moment, there are 19.36M PLL shares outstanding. The market value of PLL is $260.60M. In the past 24 hours, 300,442 PLL shares were traded.
How to Buy Piedmont Lithium Stock
Wondering how to invest in Piedmont Lithium stock? Here's how.
- Figure out where to buy Piedmont Lithium stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Piedmont Lithium stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Research Piedmont Lithium stock: The Piedmont Lithium ticker symbol is PLL. Is Piedmont Lithium stock a good investment? Should you buy shares of PLL? How do PLL's underlying business fundamentals look? Do top analysts think Piedmont Lithium is a good buy? Why has PLL's stock price moved recently? (Hint: Our stock research website can help you figure out if PLL is a good stock to buy).
- Place your PLL trade: Decide if you will purchase PLL shares at the current market price or use a limit order to purchase PLL stock at a given price.
- Keep tabs on your investment in PLL: Create a watchlist to key updates about your position in Piedmont Lithium stock.
Step 1: Figure out where to buy Piedmont Lithium stock
You will need a brokerage account in order to access the NASDAQ market and buy PLL shares.
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to invest in PLL stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the best stock apps, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing funds into your investment account.
Step 4: Research Piedmont Lithium stock
Once you have figured out the best place to buy Piedmont Lithium stock, it's critical to analyze their stock before you invest, so you actually understand the risk and upside.
Piedmont Lithium stock at a glance
Piedmont Lithium Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PLL's stock page.
How is PLL stock valued?
You can use many financial metrics, analyses, models, and charts to gauge PLL's fair value.
Using relative valuations methods:
- PLL could be undervalued based on its P/B ratio of 0.78x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.19x
You can do additional valuation research on PLL's stock here.
PLL Financial Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the PLL balance sheet.
- There are more short-term assets than long-term liabilities on the PLL balance sheet.
- PLL has cash burn of 55153000. It has sufficient cash and short-term investments to cover this for at least one year.
- PLL has a low debt to equity ratio of 0.15.
Negative Financial Indicators:
- Total PLL debt is higher than 5 years ago, relative to shareholder equity.
- PLL profit margin has gone down from N/A to -54.7% in the past year.
- PLL has $71.73M in cash and short term investments. This is not sufficient to cover its annual cash burn of $55.15M.
Is Piedmont Lithium stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor PLL, the consensus analyst rating on PLL is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Piedmont Lithium stock forecast page.
Metrics for Advanced PLL Traders
Who is buying/selling PLL?
In the last 12 months, executives and large shareholders at PLL have sold more shares than they have bought.
Patrick Brindle, EVP and COO of PLL, was the latest PLL insider to sell. They sold $36,167.04 worth of PLL stock on Feb 1, 2024.
Dig into more about who owns PLL shares here.
Can I get consistent income from PLL stock?
No, Piedmont Lithium doesn't provide an income stream by paying out dividends.
What others are saying about PLL
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your PLL trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Press the Open button and your broker will execute the order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in PLL
Now that you own some PLL shares, you'll want to keep up with your shares.
Make a watchlist to keep tabs on your PLL stock.
PLL Feed
How to Buy Stock in Piedmont Lithium
To summarize, here are the 6 steps to buy stock in Piedmont Lithium:
- Figure out where to buy Piedmont Lithium stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Piedmont Lithium stock
- Place your PLL trade
- Keep tabs on your investment in PLL
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Piedmont Lithium, get started below.
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