Piedmont Lithium (NASDAQ: PLL) is one of 26 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it weigh in compared to its competitors? We will compare Piedmont Lithium to related businesses based on the strength of its valuation, institutional ownership, analyst recommendations, risk, earnings, profitability and dividends.
Earnings & Valuation
This table compares Piedmont Lithium and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Piedmont Lithium||N/A||-$9.95 million||-5.27|
|Piedmont Lithium Competitors||$1.80 billion||$230.45 million||20.65|
Risk & Volatility
Piedmont Lithium has a beta of 1.66, indicating that its stock price is 66% more volatile than the S&P 500. Comparatively, Piedmont Lithium’s competitors have a beta of 1.13, indicating that their average stock price is 13% more volatile than the S&P 500.
This is a breakdown of current ratings and recommmendations for Piedmont Lithium and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Piedmont Lithium Competitors||310||962||1080||36||2.35|
As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 7.51%. Given Piedmont Lithium’s competitors higher possible upside, analysts clearly believe Piedmont Lithium has less favorable growth aspects than its competitors.
Insider and Institutional Ownership
0.1% of Piedmont Lithium shares are owned by institutional investors. Comparatively, 46.5% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 0.7% of Piedmont Lithium shares are owned by company insiders. Comparatively, 14.4% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
This table compares Piedmont Lithium and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Piedmont Lithium Competitors||14.09%||8.00%||14.31%|
Piedmont Lithium competitors beat Piedmont Lithium on 9 of the 10 factors compared.
About Piedmont Lithium
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.
Receive News & Ratings for Piedmont Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Piedmont Lithium and related companies with MarketBeat.com's FREE daily email newsletter.