A$0.14 PLL.AX Piedmont Lithium ASX pre-mkt Feb 2026: oversold bounce to A$0.20
PLL.AX stock trades at A$0.14 in the ASX pre-market on Feb 2026, showing a short-term rebound after extended selling. This price sits above the 50-day average (A$0.12) but well below the 52-week high (A$0.22). Volume is light at 284,182 versus a 90-day average of 2,028,649, which highlights thin liquidity and higher volatility. We assess fundamentals, technicals and catalysts to frame an oversold bounce trade idea with clear entry, stop and a near-term price target.
Pre-market snapshot: PLL.AX stock price and flows
Price is A$0.14 with an open of A$0.14, day low A$0.13 and day high A$0.14. Market cap is A$307245389.00 and shares outstanding 2,194,609,920.00. Today’s volume is 284,182.00 versus average volume 2,028,649.00, producing a relative volume of 0.14. The last three months show a 59.09% rise from the low, consistent with a bounce after oversold conditions.
Fundamentals and valuation: PLL.AX stock ratios
Piedmont Lithium on ASX reports EPS -0.04 and PE -3.50. Price to book is 0.78 and price to sales is 2.07. Cash per share is A$0.03 and book value per share is A$0.13. The company shows a current ratio of 1.81 and debt to equity 0.11, indicating low leverage but negative margins. These metrics point to exploration and development stage economics rather than steady operating profits.
Technical setup: PLL.AX stock oversold bounce case
Price sits above the 50-day average (A$0.12) and 200-day average (A$0.12). Year low is A$0.08 and year high is A$0.22, giving clear support and resistance zones. Short-term momentum suggests a mean reversion trade: a conservative target at A$0.20 and an aggressive target near the prior high A$0.22. Recommended stop for a swing trade is A$0.11. Note technical indicators are sparse in data feed, so use price action and volume for entries.
Meyka grade & valuation: PLL.AX stock score and view
Meyka AI rates PLL.AX with a score out of 100: 58.88 | Grade C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company rating shows mixed signals: DCF metrics look constructive while profitability ratios remain weak. These grades are informational and not financial advice.
Catalysts and news: PLL.AX stock drivers
Key operational driver is the Carolina Lithium project in the US. An earnings calendar note shows the next formal earnings announcement recorded previously for Aug 2025, so near-term catalysts are development updates, offtake news and lithium demand shifts. For corporate detail see Piedmont’s site and market compare notes from Investing.com. External coverage and project news will move the thinly traded PLL.AX stock.
Risks and trading plan: PLL.AX stock risks and strategy
Primary risks include commodity price swings, execution risk on project delivery, and low liquidity that can widen spreads. For an oversold bounce trade consider a small position size, entry A$0.13–A$0.15, stop A$0.11, target A$0.20. Expect higher intraday volatility and manage position sizing to limit capital at risk.
Final Thoughts
Key takeaways: PLL.AX stock trades at A$0.14 in the ASX pre-market and shows an oversold bounce setup with defined support at A$0.08 and near-term resistance at A$0.20. Meyka AI’s forecast model projects A$0.20, which implies a potential upside of 42.86% versus the current price A$0.14. This forecast is a model-based projection and not a guarantee. Fundamentals show negative EPS and weak margins, while balance sheet metrics and low leverage offer some stability. Given thin liquidity and project execution risk, the trade suits speculators using tight stops and small sizes. For research, see Piedmont Lithium’s site and market comparables on Investing.com, and track news-driven volume spikes. Meyka AI provides this analysis as an AI-powered market analysis platform to help frame risk-managed trades.
FAQs
Is PLL.AX stock a buy for an oversold bounce?
PLL.AX stock shows a short-term bounce setup with a target near A$0.20. It suits speculative traders with tight stops. Fundamentals remain weak, so use small position sizes and risk limits.
What are the main risks for PLL.AX stock?
Primary risks are low liquidity, project execution, and lithium price volatility. Negative EPS and narrow margins increase risk for investors in PLL.AX stock.
What price target does Meyka AI set for PLL.AX stock?
Meyka AI’s forecast model projects A$0.20 for PLL.AX stock, an implied upside of 42.86% from A$0.14. Forecasts are model-based projections and 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.