PLL.AX Piedmont Lithium ASX A$0.14 30 Jan 2026: oversold bounce trading case
PLL.AX stock closed at A$0.14 on 30 Jan 2026 as the ASX session finished. This price sits near the 50-day average of A$0.12 and the 200-day average of A$0.12, creating a mean-reversion setup for short-term traders. Volume was 284182.00 shares on the day, below the 20-day average. We frame this as an oversold bounce situation with clear risk controls and specific price targets.
PLL.AX stock: price, liquidity and session snapshot
Piedmont Lithium (PLL.AX) finished the market closed session at A$0.14, with a day low of A$0.13 and day high of A$0.14. Market capitalisation stands at A$307.25M and shares outstanding are 2,194,609,920.00. Average daily volume is 2,028,649.00, making today’s 284,182.00 volume light versus typical trading.
PLL.AX stock technicals and short-term bounce signals
Price sits just above the 50-day moving average (A$0.12) and 200-day moving average (A$0.12), a common anchor for oversold bounces. The three-month return is 59.09%, showing volatility that can fuel bounce trades. Traders should watch the A$0.13 support and A$0.22 resistance, the latter near the 52-week high of A$0.22.
PLL.AX stock: fundamentals, valuation ratios and cash position
Piedmont Lithium shows an EPS of -0.04 and a trailing PE of -3.50, reflecting negative earnings. Key ratios: price-to-book 0.78, price-to-sales 2.06, enterprise-value-to-sales 1.81, and current ratio 1.81. Cash per share is 0.03 and debt-to-equity is low at 0.11, which supports project funding flexibility despite negative margins.
PLL.AX stock catalysts, risks and sector context
Catalysts include updated project milestones at the Carolina Lithium Project and any supply agreements. Short interest and hedge activity have picked up; see MarketBeat coverage for recent short interest trends source. Risks are execution delays, capital needs, and lithium price swings in the Basic Materials sector, which has outperformed with a 3-month gain of 16.38%.
Meyka AI grade and PLL.AX stock technical analysis
Meyka AI rates PLL.AX with a score of 58.99 out of 100 — Grade C+, Suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technical indicators are mixed; 50/200 averages cluster, suggesting small-range volatility and bounce potential for nimble traders. These grades are not guarantees and are for informational use only.
PLL.AX stock: tactical trade plan and price targets
For an oversold bounce trade, use tight risk controls and scale positions. Enter near A$0.13-A$0.14, stop-loss at A$0.09, and consider partial profit at A$0.22. Watch volume above 600,000.00 for confirmation. Longer-term holders should reassess after material project news or an earnings update scheduled for 06 Aug 2025.
Final Thoughts
Key takeaways for PLL.AX stock: the share price at A$0.14 offers a tactical oversold bounce setup against clustered 50/200 averages at A$0.12. Fundamentals show negative EPS -0.04 and a PE of -3.50, but a healthy cash ratio and low debt reduce immediate insolvency risk. Meyka AI’s forecast model projects a 12-month base case of A$0.22 (implied upside 57.14% vs A$0.14), a bullish case of A$0.35 (implied upside 150.00%), and a bear case of A$0.09 (implied downside -35.71%). Forecasts are model-based and not guarantees. Traders using an oversold bounce strategy should keep stops tight, size positions carefully, and monitor project updates and short-interest flows. For company background visit Piedmont Lithium’s site source. Meyka AI provides this data as an AI-powered market analysis platform.
FAQs
Is PLL.AX stock a buy after the recent dip?
PLL.AX stock shows a tactical oversold bounce opportunity, but fundamentals are negative. Consider a scaled, risk-managed entry near A$0.13 with a stop around A$0.09.
What are the main valuation metrics for PLL.AX stock?
Key metrics: EPS -0.04, PE -3.50, price-to-book 0.78, price-to-sales 2.06, and current ratio 1.81. These show low valuation but negative earnings.
How does Meyka AI view PLL.AX stock outlook?
Meyka AI rates PLL.AX 58.99/100, Grade C+ (HOLD). The forecast base target is A$0.22, with upside if project milestones hit. Models are not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
