Why Did Analysts Give Piedmont Lithium Inc. (PLL) a Buy Rating?

Yahoo FinanceJul 2 00:44

Fitch's research institutions have revised their gold price forecast to $2,250, singing short on lithium prices.

On Thursday, BMI, a research institution under Fitch Ratings, raised its 2024 gold price forecast and predicted that lithium prices would remain low.

Zhitong FinanceJun 27 19:46

Gold Prices Revised up at BMI, Lithium Expected to Remain Subdued Due to Oversupply

Seeking AlphaJun 27 18:10

Albemarle (ALB.US) executives warned of the sharp drop in lithium prices, which dragged down investment in new factories, but the prospects for energy transformation are still bright.

A senior executive of Albemarle issued a warning at an industry conference on Tuesday, pointing out that the current weak lithium price levels are difficult to sustain investment in new lithium factories.

Zhitong FinanceJun 26 12:07

Piedmont Lithium Releases 2023 Sustainability Report

PRESS RELEASE | June 26, 2024 | NASDAQ:PLL | ASX:PLL Download a PDF Copy BELMONT, North Carolina, June 26, 2024 – Piedmont Lithium ("Piedmont" or the "Company") (Nasdaq: PLL; ASX: PLL),

Piedmont LithiumJun 26 12:00

Don't go against the trend! The lithium market has reached a freezing point! The stock price of the American lithium giant, lithium americas (LAC.US), has plummeted 55% this year.

The continuous drop in lithium prices this month, combined with the persistently low demand for electric cars, has dealt a significant blow to the market.

Zhitong FinanceJun 24 14:55