The Piedmont Lithium (ASX:PLL) share price just rocketed 32% to a record high

Published

4 years ago

January 27, 2021

The Piedmont Lithium Ltd (ASX: PLL) share price was on fire again on Wednesday and stormed notably higher.

At one stage, the US-based lithium miner’s shares were up as much as 32% to a new record high of 82 cents.

The Piedmont Lithium share price ultimately closed the day 28% higher at 80 cents. This means its shares are now up 515% from 13 cents a year ago.

Why did the Piedmont Lithium share price rocket higher?

Investors were buying Piedmont Lithium shares despite there being no news out of the company today.

However, a number of lithium miners were on the charge today as investor interest in the sector continues to heat up.

For example, the Vulcan Energy Resources Ltd (ASX: VUL) share price jumped 20% and the Lake Resources…

Related Topics:fool.com.au

The Piedmont Lithium (ASX:PLL) share price just rocketed 32% to a record high – The Motley Fool Australia

Will we see a cryptocurrency ETF on the ASX this year? – The Motley Fool Australia

Woman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast

Boy dies after being trapped between rocks off NSW beach

Farmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’

Detectives continue to search for answers on Crystal Beale’s death