This Little-Known Metal Overtook Gold And Silver in 2024
Piedmont Lithium Inc. (PLL)
Company Research
Source: PR Newswire
FN Media Group Presents Oilprice.com Market CommentaryLONDON, Dec. 3, 2024 /PRNewswire/ -- A little-known metal called antimony rallied 300% this year, overtaking gold, silver, and even Bitcoin. And there is something that the algorithm gods haven't noticed. Western powers have embarked on a $100 billion spending spree to restock their armories. Cruise missiles, artillery shells, javelins, bullets, and armored vehicles. They ALL contain antimony, and the worst news is that the U.S. doesn't produce an ounce of it. Companies mentioned in this release include: Piedmont Lithium (NASDAQ: PLL), Lithium Americas (NYSE: LAC), Nucor (NYSE: NUE), Vale S.A. (NYSE: VALE), Uranium Energy Corp (NYSE American: UEC).This huge price spike that followed China's decision to cut antimony supply to the U.S. this summer was the final wake-up call, and under Trump, the U.S. will no longer stand idle. Following the rally in gold earlier this year, gold miners are the first to pick up the slack as Western
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PLL
News
- Piedmont Lithium Inc. (NASDAQ: PLL) was upgraded by analysts at Macquarie from a "hold" rating to a "strong-buy" rating.MarketBeat
- This Little-Known Metal Overtook Gold And Silver in 2024PR Newswire
- 300%+ Gains: Is This 2024's Hottest Commodity? [Yahoo! Finance]Yahoo! Finance
- Piedmont Lithium Inc. (NASDAQ: PLL) had its price target raised by analysts at BMO Capital Markets from $9.50 to $14.00. They now have a "market perform" rating on the stock.MarketBeat
- This Metal Saw Prices increase 200% in 2024 - It Could Happen Again in 2025PR Newswire
PLL
Earnings
- 11/12/24 - Beat
PLL
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 8-K
- PLL's page on the SEC website