BUZZ-Piedmont Lithium surges on getting permit for North Carolina project

Reuters04-15

(Updates)

** Shares of Piedmont Lithium jump ~26.2% to $16 - highest in more than two months

** Miner gets permit for proposed Carolina Lithium project in North Carolina; had applied in August 2021

** Brokerage TD Cowen calls it an "unexpected significant win" as the permit substantially de-risks the project

** Including session's gains, PLL stock has fallen ~43.5% YTD

(Reporting by Kabir Dweit)

((Kabir.Dweit@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment