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Why Piedmont Lithium's Stock Is Trading Higher Today

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Why Piedmont Lithium's Stock Is Trading Higher Today

Piedmont Lithium (NASDAQ: PLL) shares are trading higher on continued strength after the company on Sept. 28 announced it signed a sales agreement with Tesla (NASDAQ: TSLA). Lithium names have been highly volatile following the agreement amid interest in EV batteries.

Piedmont Lithium is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt and along trend to the Hallman Beam and Kings Mountain mines.

Piedmont Lithium shares were trading 22.10% higher at $31.88 at time of publication. The stock has a 52-week high of $54.50 and a 52-week low of $4.00.

 

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