Is Piedmont Lithium Inc. - Sponsored ADR (PLL) Stock Outpacing Its Basic Materials Peers This Year?

Over the past 90 days, the Zacks Consensus Estimate for PLL's full-year earnings has moved 4.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the most recent data, PLL has returned 17.5% so far this year. Meanwhile, stocks in the Basic Materials group have gained about 13% on average. This means that Piedmont Lithium Inc. - Sponsored ADR is outperforming the sector as a whole this year. Another Basic Materials stock, which has outperformed th ...