PIEDMONT LITHIU/S (NASDAQ:PLLL)’s share price reached a new 52-week low on Thursday . The company traded as low as $8.80 and last traded at $8.80, with a volume of 1397 shares traded. The stock had previously closed at $9.22.

Separately, Zacks Investment Research lowered shares of PIEDMONT LITHIU/S from a “hold” rating to a “sell” rating in a research report on Saturday, December 1st.

The stock has a market capitalization of $39.77 million and a price-to-earnings ratio of -4.50.

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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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