ASX-listed shares of Piedmont Lithium gain on smaller-than-expected Q3 loss

Piedmont Lithium

13/11/2024 24:10

** ASX-listed shares of Piedmont Lithium  PLL.AX  gain as
much as 8.1% to A$0.20, set for their best day since late
October — if gains hold 
    ** Co posts loss of 42 cents per share for the third
quarter, compared to estimate of a loss of 58 cents per share,
according to data compiled by LSEG
    ** Co however reports Q3 revenue of $27.6 mln vs estimate of
~$28.2 mln
    ** Shares hit highest since Nov. 6 
    ** Including day's moves, stock has fallen ~53.5% YTD as of
0008 GMT 


 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com))