PLL

Piedmont Lithium Inc.

Halal Rating :
Comfortable
Last Price $8.68 Last updated:
Market Cap $159.62m
7D Change -11.88%
1 Year Change -70.79%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Mining
  • Non-Metallic And Industrial Metal Mining
  • Mining And Quarrying Nonmetallic Minerals
Exchange NASDAQ
Next Earnings Date Nov. 7, 2024

Piedmont Lithium Inc. is a development-stage company focused on the production of lithium hydroxide to supply the electric vehicle and battery storage markets. The company's primary project is developing lithium resources in North Carolina, USA, with additional projects in Quebec, Canada and Ghana, West Africa. Their business model involves mining and processing lithium-bearing ore to produce lithium hydroxide, a critical component in electric vehicle batteries.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $13.23m $26.93m - $76000.0 0.00% 0.28%
March 31, 2024 $13.4m $28.3m - $222000.0 0.00% 0.78%

Company Impact

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