| Piedmont Lithium is a holding company. Through its subsidiaries, Co. is engaged in exploration and appraisal activities, comprising drilling campaigns and technical studies of the Piedmont Lithium Project (the Project). Co. holds a 100% interest in the Project located within the Carolina Tin-Spodumene Belt and along trend to the Hallman Beam and Kings Mountain mines, U.S. We show 4 historical shares outstanding datapoints in our PLL shares outstanding history coverage, used to compute PLL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLL market cap history over the course of time is important for investors
interested in comparing PLL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PLL versus a peer is one thing; comparing
PLL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PLL can fluctuate over the course of history.
With this page we aim to empower investors researching PLL by allowing them to research the PLL market cap history.