Tag: ADRs

  • The Pullback in Piedmont Lithium is Now Overdone

    The Pullback in Piedmont Lithium is Now Overdone

    Don’t write off Piedmont Lithium (PLL) just yet. At the moment, the stock is down $15.43.  All after it announced plans to raise cash by selling about 1.8 million American Depositary Shares (ADRs) at $70. The move is expected to raise about $122.5 million and be used to continue development of its lithium project.  While…