Wall Street expects a year-over-year increase in earnings on higher revenues when EnerSys (ENS) reports results for the quarter ended June 2021. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on August 11, 2021, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus Estimate

This maker of industrial batteries is expected to post quarterly earnings of $1.20 per share in its upcoming report, which represents a year-over-year change of +30.4%.

Revenues are expected to be $815.1 million, up 15.6% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction) — has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for EnerSys?

For EnerSys, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that EnerSys will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that EnerSys would post earnings of $1.28 per share when it actually produced earnings of $1.30, delivering a surprise of +1.56%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

EnerSys doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Enersys (ENS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

RADNOR, Pa., Aug. 04, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited (NASDAQ: PLL) (“Piedmont”) on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the “Class Period”).

Deadline Reminder: Investors who purchased or acquired Piedmont securities during the Class Period may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail at info@ktmc.com; or click https://www.ktmc.com/piedmont-lithium-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=piedmont

Piedmont engages in the exploration and development of resource projects. Piedmont primarily holds a 100% interest in a lithium project covering 2,322 acres in the North Carolina. Throughout the Class Period, Piedmont informed investors regarding its plan for completing necessary permitting and zoning activities required to commence mining and processing operations in North Carolina.

The truth began to emerge on July 20, 2021. Before market hours, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported the following, in pertinent part, regarding Piedmont’s regulatory issues in North Carolina: (1) Piedmont had not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so; (2) five of the seven members of the county’s board of commissioners, who control zoning changes, said they may block or delay the project; and (3) Piedmont had been set to meet with commissioners in March, but canceled with three days’ notice, further straining the relationship.

Following this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021.

The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have “strong local government support”; and (5) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com

PHILADELPHIA, Aug. 4, 2021 /PRNewswire/ —

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, announced its goal to achieve net-zero greenhouse gas (GHG) emissions by 2035. The company will use science-based targets aligned with keeping the global temperature at 1.5°C above pre-industrial times.

"FMC's net-zero emissions target is a bold step in our continuing commitment to sustainable innovation and operations," said Karen Totland, FMC vice president and chief sustainability officer. "We are engaging key organizations across our company—including Manufacturing, Supply Chain, Environment, Health and Safety, Procurement and R&D—to improve efficiencies, invest in renewable energy sources and engage with third-party suppliers to reduce their emissions. We are proud to build on FMC's past successes in energy and resource reduction, and look forward to working together with suppliers and other partners to achieve this ambitious goal."

The company has committed to set science-based targets through the Science Based Targets initiative (SBTi), a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). SBTi defines and promotes best practices in emission reduction and net-zero targets, and provides technical assistance and expert resources to companies like FMC that set science-based targets in line with climate science.

FMC will pursue carbon neutral operations through emission Scopes 1, 2 and 3 as defined by the GHG Protocol. Scope 1 includes direct emissions from company-owned and controlled resources, such as production facilities and automobile fleets. Scope 2 focuses on indirect emissions, which are typically from the generation of energy that is purchased from a utility provider. Scope 3 includes indirect upstream and downstream emissions within a company's value chain that are not included in Scope 2. Scope 3 covers broad areas, including business travel, employee commuting, emissions from the production of goods and services purchased by the company, and emissions associated with the distribution and transportation of goods to and from suppliers and customers, to name a few.

"As a leader in the global agricultural industry, we see firsthand the impact climate change has on farmers and the world's food supply," Totland added. "We have an obligation to meet climate challenges head on and to find solutions that benefit all of our stakeholders."

To learn more about sustainability at FMC and to read the company's latest sustainability report, Resilient Ready, visit fmc.com/sustainability.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically without compromising safety or the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn^® and Twitter^®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2020 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-announces-net-zero-greenhouse-gas-emissions-by-2035-301347642.html

SOURCE FMC Corporation

Calgary, Alberta–(Newsfile Corp. – August 4, 2021) – West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce an initial tranche closing of its previously announced placement offering of units (the "Units") for gross proceeds of CAD$116,457.25 (the "Closing").

On the Closing, the Company issued 332,735 Units, being comprised of 332,735 common shares in the capital of the Company (the "Common Shares") and 83,183 Common Share purchase warrant (the "Warrants"). One (1) full Warrant, together with CAD$0.45, will entitle the holder thereof to acquire one (1) additional Common Share of the Company for a period of twelve (12) months from the date of Closing. The Warrants will not be listed on the TSX Venture Exchange.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium deposit using green processing techniques to minimize waste and CO₂ emissions.

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco Jr., President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92096

7.5 Meters of Quartz Veins Intersected Visible Gold Throughout

Golden Promise Gold Project – Central Newfoundland

VANCOUVER, BC / ACCESSWIRE / August 4, 2021 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic") is pleased to announce it has completed the fourth and fifth holes (GP-21-152 and GP-21-153) of the 2021 diamond drilling program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. The holes were completed at the Jaclyn Main Zone, both being definition holes. Visible gold is present at two locations within GP-21-153, hosted in quartz veins.

Quartz Veined Interval in GP-21-153 with Visible Gold

Both GP-21-152 and GP-21-153 were drilled within the west region of the Jaclyn Main Zone (JMZ), being part of the Company's Phase 2 drilling program. The western part of the JMZ gold bearing quartz vein system is reported to strike slightly northeast and dip steeply to the southeast.

Drill hole GP-21-152 was drilled slightly northwest at an approximate 60-degree dip, approximately 20 meters east of drill hole GP-19-142B. GP-21-152 intersected a quartz veined zone at 46.9 – 49.6 meters. The hole was drilled to a length of 89 meters.

Drill hole GP-21-153 was collared approximately nine meters northwest of drill hole GP-19-140. Drill hole GP-19-140 (drilled at a 75-degree dip slightly northwest) intersected multiple gold bearing quartz veins within a 25.2-meter core length interval (2.3 grams / tonne Au over 25.2 meters core length). GP-21-153 was drilled at a steeper angle (approximately 82-degree dip), slightly northwest to provide further definition of the gold bearing veins intersected in GP-19-140. It was drilled to a length of 101 meters. GP-21-153 intersected multiple quartz veins. A quartz vein intersected at 44.00-44.63 meters contains visible gold. A zone of predominantly quartz veins intersected at 66.90-74.48 meters also contains visible gold.

Quartz Vein with Visible Gold in GP-21-153

Drill core samples from GP-21-152 and GP-21-153 will be submitted to a certified laboratory for gold assay and multi-element analysis.

The current Phase 2 drilling will include up to 33 drill holes at the gold bearing Jaclyn Zone with holes planned at the JMZ and Jaclyn North Zone (JNZ) with total planned drilling of approximately 5,000 meters. The objective of drilling at the JMZ is to further define the zone and provide information for an updated resource estimate of the JMZ. The Company is continuing the drill hole numbering system from previous drilling programs. Most of the planned holes at the JMZ are within the central to west region of the zone, testing above 200 meters vertical depth. Two holes are planned in the east part of the JMZ to test the zone at 200-350 meters vertical depth.

Great Atlantic reported a National Instrument 43-101 compliant inferred resource estimate during late 2018 for the JMZ of 357,500 tonnes at 10.4 g/t gold (119,900 ounces of gold – uncapped).

The Company confirmed high-grade gold at the JMZ during 2019 drilling, including near surface intercepts (core length) of 113.07 grams / tonne (g/t) gold over 0.55 meters, 61.35 g/t gold over 2.04 meters and 15.8 g/t gold over 2.70 meters plus the interval of multiple gold bearing veins in GP-19-140 averaging 2.30 g/t gold over 25.25 meters.

The drill has been moved to the JNZ and has begun drilling GP-21-154, testing the extension of the JNZ gold bearing quartz vein system along projected strike east of pre-Great Atlantic historic drilling. The first three holes of the Phase 2 drilling program were completed during late 2020 at the JNZ, each intersecting gold bearing veins and extending the JNZ quartz vein system approximately 260 meters east of historic drill holes. The company had located gold bearing quartz boulders during 2017-2020 in the area of current drilling at the JNZ, including four boulder samples exceeding 100 g/t gold.

The Golden Promise Property is located within a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the RIL. The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries within the Exploits Subzone include those of Marathon Gold Corp. (MOZ) at the Valentine Gold Project, Sokoman Minerals Corp. (SIC) at the Moosehead Gold Project and New Found Gold Corp. (NFG) at the Queensway Project. Readers are warned that mineralization at the Valentine Gold Project, Moosehead Gold Project, and Queensway Project is not necessarily indicative of mineralization the Golden Promise Property.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the Board of Directors

"Christopher R Anderson"

Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director

Investor Relations:
Andrew Job
1-416-628-1560
IR@GreatAtlanticResources.com
Office Line 604-488-3900

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Great Atlantic Resource Corp.

View source version on accesswire.com:
https://www.accesswire.com/658306/Great-Atlantic-Fourth-and-Fifth-Drill-Holes-Completed

NEW YORK, NY / ACCESSWIRE / August 4, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

CarLotz, Inc. (NASDAQ:LOTZ)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/carlotz-inc-loss-submission-form?prid=18214&wire=1
Lead Plaintiff Deadline: September 7, 2021
Class Period: December 30, 2020 – May 25, 2021

Allegations against LOTZ include that: (1) due to a surge in inventory during the second half of fiscal 2020, CarLotz was experiencing a "logjam" resulting in slower processing and higher days to sell; (2) as a result, the Company's gross profit per unit would be negatively impacted; (3) to minimize returns to the corporate vehicle sourcing partner responsible for more than 60% of CarLotz's inventory, the Company was offering aggressive pricing; (4) as a result, CarLotz's gross profit per unit forecast was likely inflated; (5) this Company's corporate vehicle sourcing partner would likely pause consignments to the Company due to market conditions, including increasing wholesale prices; and (6) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Piedmont Lithium Inc. (NASDAQ:PLL)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=18214&wire=1
Lead Plaintiff Deadline: September 21, 2021
Class Period: March 16, 2018 – July 19, 2021

Allegations against PLL include that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Oatly Group AB (NASDAQ:OTLY)

If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/oatly-group-ab-loss-submission-form?prid=18214&wire=1
Lead Plaintiff Deadline: September 24, 2021
Class Period: May 20, 2021 – July 15, 2021

Allegations against OTLY include that: (a) Oatly overinflated its gross margins, revenue, capital expenditure, and market share financial metrics; (b) the Company overstated its sustainability practices and impact; (c) the Company exaggerated its growth in China; and (c) as a result of the foregoing, Oatly's statements about its operations, business, and prospects were misleading during the Class Period.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

View source version on accesswire.com:
https://www.accesswire.com/658321/SHAREHOLDER-ALERT-LOTZ-PLL-OTLY-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines

New York, New York–(Newsfile Corp. – August 4, 2021) – Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Piedmont Lithium Inc. f/k/a/ Piedmont Lithium Limited ("Piedmont" or "the Company") (NASDAQ: PLL) (NASDAQ: PLLL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site www.bgandg.com/pll.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/pll or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Piedmont you have until September 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | info@bgandg.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91750

FMC Corporation FMC recorded earnings (as reported) of $1.56 per share in second-quarter 2021, up 11% from $1.41 reported a year ago.

Barring one-time items, adjusted earnings per share were $1.81, ahead of the Zacks Consensus Estimate of $1.77.

Revenues were $1,242 million for the quarter, up around 8% from the year-ago quarter. It surpassed the Zacks Consensus Estimate of $1,228 million.

Revenues were driven by a 4% rise in volumes and 4% favorable impact of currencies. The company saw strong volume growth in all regions outside of EMEA (Europe, Middle East, and Africa) on the back of strong underlying business and contribution of new product launches.

FMC Corporation Price, Consensus and EPS Surprise

FMC Corporation price-consensus-eps-surprise-chart | FMC Corporation Quote

Regional Sales Performance

Sales dropped 7% year over year in North America in the quarter, impacted by a shift in volume demand by geography from the company’s global diamide partnerships.

Sales in Latin America went up 15% year over year in the reported quarter on strong demand for insecticide and fungicide, aided by favorable commodity prices, and favorable currency swings.

In EMEA, sales rose 3% year over year as higher demand for diamides and herbicides and favorable currency swings were offset by the impacts of unfavorable weather and discontinued registrations.

Revenues climbed 20% year over year in Asia on the back of strength in the insecticide portfolio, especially in India and Australia, and favorable impact of currencies.

Financials

The company had cash and cash equivalents of $728.5 million at the end of the quarter, up roughly 113% year over year. Long-term debt was $2,630.8 million, down around 13% year over year.

The company repurchased shares worth $25 million in the second quarter.

Guidance

For 2021, FMC continues to expect revenues to be between $4.9 billion and $5.1 billion, indicating a rise of 8% at the midpoint versus 2020. The growth is expected to be driven mainly by volumes and price increases.

The company now envisions adjusted EBITDA of $1.29-$1.35 billion (down from earlier view of $1.32-$1.42 billion) for 2021, indicating a 6% rise at the midpoint versus 2020. The revision reflects continued increase in raw materials, packaging and logistics costs.

Moreover, FMC now expects adjusted earnings per share for 2021 in the range of $6.54 to $6.94 (down from $6.70-$7.40 expected earlier), reflecting an increase of 9% at the midpoint compared with 2020.

Free cash flow for 2021 is now projected to be $480-$570 million, indicating a 4% year-over-year decline.

The company also expects to buyback $350-$450 million shares in 2021.

For third-quarter 2021, revenues are projected in the band of $1.13-$1.22 billion, reflecting an increase of 8% at the midpoint compared with the prior-year quarter. Adjusted earnings are forecast in the range of $1.23-$1.39 per share, representing an increase of 7% at the midpoint compared with the prior-year quarter.

Price Performance

FMC’s shares are down 0.7% over a year against the industry’s 37% rise

Image Source: Zacks Investment Research

Zacks Rank & Key Picks

FMC currently carries a Zacks Rank #4 (Sell).

Better-ranked stocks worth considering in the basic materials space include Nucor Corporation NUE, ArcelorMittal MT and Cabot Corporation CBT, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Nucor has a projected earnings growth rate of 444.9% for the current year. The company’s shares have surged around 148% in a year.

ArcelorMittal has an expected earnings growth rate of 1,635.1% for the current year. The company’s shares have shot up around 206% in the past year.

Cabot has an expected earnings growth rate of around 137.5% for the current fiscal. The company’s shares have gained roughly 47% in the past year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ArcelorMittal (MT) : Free Stock Analysis Report

Nucor Corporation (NUE) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

Cabot Corporation (CBT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Albemarle (ALB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 7.23%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.79 per share when it actually produced earnings of $1.10, delivering a surprise of 39.24%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Albemarle, which belongs to the Zacks Chemical – Diversified industry, posted revenues of $773.9 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 1.68%. This compares to year-ago revenues of $764.05 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Albemarle shares have added about 40.3% since the beginning of the year versus the S&P 500's gain of 17.8%.

What's Next for Albemarle?

While Albemarle has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Albemarle was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.81 on $766.65 million in revenues for the coming quarter and $3.62 on $3.23 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical – Diversified is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Albemarle Corporation (ALB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

By Ernest Scheyder

(Reuters) – Piedmont Lithium Inc expects to receive state regulatory approval for its proposed North Carolina lithium project and have it fully funded by mid-2022, its chief executive said on Tuesday.

Piedmont's project would be among the largest U.S. lithium mines and a key domestic source of the white metal for electric vehicle batteries. But some local North Carolina officials have voiced concerns about its environmental impact and said they may block or delay it.

The company will apply for a state mining permit by mid-August and expects the review process to last six to nine months, CEO Keith Phillips told the Jefferies Virtual Industrials Conference.

"We're very optimistic of receiving that permit," Phillips said, adding he also expects the company to receive a necessary zoning variance from Gaston County, west of Charlotte. Phillips did not forecast a timeline for county approval.

State and county officials could not immediately be reached for comment after regular business hours.

State officials told Reuters last month they expected an application "in the near future." County officials have said they would not consider a zoning change until a state permit is issued.

During his presentation, Phillips did not discuss an announcement earlier this week that Piedmont has pushed back its timeline to begin shipments of lithium chemicals to Tesla Inc .

To fund the $840 million project, Phillips said Piedmont expects to rely on a U.S. Department of Energy loan and an outside investor who could take a stake in up to half of the project "and hopefully pay a big price for that. If they don't, we won't bring in a partner."

Phillips said he hoped to have funding secured by the middle of next year.

The company, which recently took stakes in lithium projects in Quebec and Ghana, likely won't make other acquisitions in the near future, Phillips added.

(Reporting by Ernest Scheyder; Editing by David Gregorio)

DENVER, CO / ACCESSWIRE / August 3, 2021 / Solitario Zinc Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to announce that it has acquired approximately 11,600 acres of mineral rights in western South Dakota known as the Golden Crest Project. These mineral claims comprise strategic land holdings in a gold district that has historically produced from multiple mines ranging in production from several million to the more than 40 million ounces of gold at the Super Giant Homestake Mine. The project area is in a safe and mining friendly jurisdiction with highly developed infrastructure, an unbroken 145-year record of continuous gold mining, a skilled mining workforce and a history of high-grade, underground mineable gold deposits.

Chris Herald, President and CEO of Solitario, stated: "Golden Crest is the most significant gold exploration effort we have ever undertaken in our corporate history. The northern Black Hills is one of the most gold-endowed regions in the world and we firmly believe that it has the potential to host multiple new, world class gold deposits. We have been working on this project for nearly a year and have assembled a significant land position in this exciting gold belt.

Adding the Golden Crest gold project to our two high-grade zinc assets, Florida Canyon and Lik, creates a company with a compelling value proposition in zinc and an exciting green fields gold property situated in an exceptional gold belt that is underexplored."

What We Know About Super Giant Gold Deposits

The historic Homestake Mine (42 million mined ounces and 20 million unmined ounces of gold) is one of the largest individual gold deposits in North America and has the distinction of falling into a rare class known as Super Giant gold deposits (deposits containing +58 million ounces). There are less than forty known gold deposits of this size worldwide. Super Giant deposits are characterized by a cluster of surrounding geologically similar deposits within an area of several hundred square kilometers that define profoundly mineralized regions. Globally, these deposit clusters nearly always contain satellite gold endowments in excess of 100 million ounces. Examples of Super Giants and their associated clusters include the Timmins-Abitibi Belt (Canada), Golden Mile-Eastern Goldfields (Australia), Obuasi-West Africa and Carlin/Gold Strike-Carlin Trend (Nevada).

Chris Herald further stated, "We do not believe that the Homestake Super Giant deposit exists in isolation, but is located within a group of gold deposits, the majority of which are yet to be discovered. The region has exceptional exploration potential representing one of the world's best districts for undiscovered large gold deposits. We believe areas west of the Homestake Mine have a high potential for the discovery of significant new deposits through a well-funded and systematic modern exploration strategy. Historic Homestake Mining Company exploration reports and new syntheses of Black Hills geology provide strong support for the gold potential in areas that Solitario has staked. This information, coupled with our own ongoing independent work, formed the basis for our Golden Crest land acquisition program."

The World's Most Underexplored Super Giant Gold Region in the World – Where Are the Undiscovered 100 Million Ounces of Gold?

Most of the known gold deposits in the Black Hills were found at the surface during the Black Hills Gold Rush from 1876-1896. Exploration efforts to locate totally new deposits have been slight and sporadic during the past 120 years. Despite the immense fertility of the district, no comprehensive and systematic exploration program has ever been performed, even by Homestake Mining Company. Remarkably, no truly new gold deposits have been discovered in the Black Hills since the turn of the 20^th Century.

The Homestake Mine operated continuously for approximately 125 years (1876 – 2001) during which time the Homestake Mining Company had a virtual monopoly on ownership of mineral lands throughout much of the region. Homestake had ample future reserves for over a hundred years of mine operations, and so it never felt compelled to search for gold regionally. During this period, nearly all of Homestake's exploration work was conducted within three to four miles of the original discovery, except for a period between 1988 to 1993.

Homestake's very limited amount of regional exploration work in the 80's and early 90's included a widely spaced stream sediment geochemistry program over an area of seventy-five square miles. This effort identified five largely unexplored drainage areas in the western part of the district with anomalous gold and associated pathfinder elements. Four of these five anomalies had completely unexplained bedrock gold sources, well outside of known historically mined areas. Solitario now controls all four of the likely bedrock source regions of these sediment anomalies and is conducting exploration to further define gold distribution.

In addition, Homestake drilled three deep reconnaissance wildcat holes in the western portion of the northern Black Hills to test for the presence of favorable Precambrian rocks. Two of these holes intersected the important ore-hosting Homestake Iron Formation within areas that Solitario now controls.

Target Rich Property – Every Drill Hole Will Test Three Different Gold Target Zones

The Black Hills exhibits a remarkable spatial superposition of significant gold deposit types of different ages, all within a single compact mining district. Few other districts in the world possess this feature. Large Precambrian-aged orogenic gold deposits, such as Homestake, hosted in Precambrian basement, are overlain by ancient paleoplacers at the Precambrian-Cambrian unconformity that preserve gold eroded from the older deposits during Precambrian weathering and erosion. These in turn are overlain by Paleozoic sedimentary rock sequences 300-400 meters thick that contain several prominent stratigraphic hosts for Tertiary-aged replacement style gold mineralization in high-grade veins and disseminated bulk tonnage deposits. The contemporaneous igneous rocks associated with the Tertiary mineralizing event that intrude the Paleozoic rocks and basement also host significant gold resources. Initial exploration work by Solitario suggest these gold targets lying above the Precambrian basement occur within Solitario's Golden Crest Project property position and can easily be reached by drilling to depths ranging from 200-400 meters.

Thus, every exploration hole has the opportunity to test for multiple deposit types as it cuts through Paleozoic or igneous rocks searching for concealed Precambrian gold. These stacked targets significantly de-risk the exploration for the larger, but more challenging to find, Precambrian deposits. Several of these additional deposit types can be world class targets in their own right: the sediment-hosted Wharf Mine of Coeur Mining has a total gold resource base of 7.4 million ounces (mined and current resources) and the igneous-hosted Gilt Edge Mine of Agnico Eagle Ltd hosts a growing resource in excess of 3 million ounces of gold.

Land Position and Lease Terms

The Golden Crest project consists of 580 claims covering 11,600 acres. Of this, approximately two-thirds of the claims are subject to a lease signed in late-May 2021, with a private LLC. According to the terms of the lease, Solitario owns a 100% interest in these claims subject to certain scheduled annual payments, work commitments, a potential success bonus, and a 2% Net Smelter Return Royalty. Solitario has the option, but not the obligation, to reduce the Net Smelter Return royalty to 1.0% by paying the owner $1,000,000. Solitario paid the underlying owner $65,000 upon signing. In addition, Solitario has agreed, at its option, to pay the underlying owner the following annual payments and perform the following minimum work commitments to keep the lease in good standing:

About Solitario

Solitario is an emerging zinc and gold exploration and development company traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its newly acquired Golden Crest properties, Solitario holds 50% joint venture interest (Teck Resources 50%) in the high-grade, open-pittable Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario's Management and Directors hold approximately 9.3% (excluding options) of the Company's 58.4 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$6.9 million. Additional information about Solitario is available online at www.solitariozinc.com.

For More Information Please Contact:

Valerie Kimball
Director – Investor Relations
(720) 933-1150
(800) 229-6827

Christopher E. Herald
President & CEO
(303) 534-1030, Ext. 14

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws),that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. Forward-looking statements involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Solitario's Golden Crest land position does not cover any of the areas of historical gold production or historical unmined resources, but are thought to be on trend with these known areas of mineralization. Certain historical information concerning exploration and gold production in the Black Hills region has been obtained through both public and private sources and are believed to be substantially factual, but Solitario can give no assurances of the accuracy of such information. Such forward-looking statements include, without limitation, statements regarding the Company's expectation of the projected timing and outcome of engineering studies; expectations regarding the receipt of all necessary permits and approvals to implement a mining plan, if any, at Lik or Florida Canyon; the potential for confirming, upgrading and expanding zinc, lead and silver mineralized material; future operating and capital cost estimates may indicate that the stated resources may not be economic; estimates of zinc, lead and silver grades of resources provided are predicted and actual mining grade could be substantially lower; estimates of recovery rates for could be lower than estimated for establishing the cutoff grade; and other statements that are not historical facts could vary significantly from assumptions made in the PEA. Although Solitario management believes that its expectations are based on reasonable assumptions, it can give no assurance that these expectations will prove correct. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, risks relating to risks that Solitario's and its joint venture partners' exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of zinc, lead and silver; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; availability of outside contractors, and other activities; uncertainties relating to obtaining approvals and permits from governmental regulatory authorities; the possibility that environmental laws and regulations will change over time and become even more restrictive; and availability and timing of capital for financing the Company's exploration and development activities, including uncertainty of being able to raise capital on favorable terms or at all; as well as those factors discussed in Solitario's filings with the U.S. Securities and Exchange Commission (the "SEC") including Solitario's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

SOURCE: Solitario Zinc Corp.

View source version on accesswire.com:
https://www.accesswire.com/657945/Solitario-Establishes-Major-New-Land-Positions-in-Highly-Prospective-Gold-Terrain-in-the-United-States

Vancouver, British Columbia–(Newsfile Corp. – August 3, 2021) – Lomiko Metals (TSXV: LMR) (OTCQB: LMRMF) (FSE: DH8C) has announced positive results from the Preliminary Economic Assessment on its La Loutre Graphite Project in southern Quebec. The 100% owned La Loutre Project is located in the Nominingue-Chénéville Deformation Zone in Quebec. The property, which consists of one large contiguous block of 42 mineral claims totaling 2,509 hectares or approximately 25 square kilometres, is located approximately 117 kilometres northwest of Montréal in southern Québec, 230 kilometres southwest of the Nouveau Monde Matawinie Project and 100 kilometres southeast of the Imerys' Lac-des-îles mine.

The PEA was completed by Ausenco Engineering Canada, the Canadian division of the Australian-based global engineering firm with a 30 year track record with projects spanning more than 80 locations worldwide.

Cannot view this video? Visit:
http://www.investmentpitch.com/video/1_f3uo6sve/Lomiko-Metals-has-announced-positive-results-from-the-Preliminary-Economic-Assessment-on-its-La-Loutre-Project-in-southern-Quebec

For more information, please view the InvestmentPitch Media "video" which provides additional information about this news along with some video comment from Lomiko's President and CEO, A. Paul Gill. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Lomiko" in the search box.

Based on a drill hole database containing 117 drill holes, consisting of 15,160 metres of drilling and 8,850 assay intervals, the project has a mineral resource estimate of 23,165 kilo tonnes of 4.51% graphite for 1.04 metric tonnes of graphite in the Indicated category, and 46,821 kilo tonnes of 4.01% graphite for 1.9 metric tonnes of graphite in the Inferred category, using a 1.5% cut-off grade. The cut-off grade is based on a processing cost of CDN$11.85 per tonne, and General and Administrative Costs of CDN$2.37 per tonne. A cut-off grade of 1.5% has been used for the base case of the resource estimate, which more than covers the Process and General and Administrative Costs.

The mine plan includes 21.9 metric tonnes of mill feed and 88.4 metric tonnes of waste over the 14.7-year project life. Mine planning is based on conventional open pit methods suited for the project location and local site requirements. Owner-operated and managed open pit operations are anticipated to begin prior to mill start up, running for 14.7 years to pit exhaustion, with feed from the low-grade stockpile supplementing plant feed over the last two years. The PEA indicates the property has the geological potential to extend the mine life beyond the initial 14.7 years presented in the PEA as well as the opportunity to expand the scale of production by increasing the mineral resource through ongoing exploration and drilling.

With a strong treasury to support their next steps, Lomiko plans to commence a Preliminary Feasibility Study and Environmental Impact Studies while continuing to explore the geological potential of the property. Management believes the PEA clearly demonstrates the potential for Lomiko to become a major North American graphite producer, with a positive after-tax Internal Rate of Return of 21.5% and after-tax Net Present Value of $186 million.

Management cautions that mineral resources are not mineral reserves and do not have demonstrated economic viability.

For a more detailed analysis of the PEA, please refer to the news release. The shares are trading at $0.145. For more information, please visit the company's website: www.lomiko.com, contact A. Paul Gill, CEO, at 604-729-5312, or by email at info@lomiko.com.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91913

New York, New York–(Newsfile Corp. – August 3, 2021) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Piedmont Lithium Inc. f/k/a/ Piedmont Lithium Limited (NASDAQ: PLL) (NASDAQ: PLLL) between March 16, 2018 and July 19, 2021, inclusive (the "Class Period"), of the important September 21, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Piedmont securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont, and its lithium business, does not have "strong local government support"; and (5) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91957

FMC (FMC) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this chemical producer would post earnings of $1.52 per share when it actually produced earnings of $1.53, delivering a surprise of 0.66%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

FMC, which belongs to the Zacks Chemical – Diversified industry, posted revenues of $1.24 billion for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $1.16 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

FMC shares have lost about 7.3% since the beginning of the year versus the S&P 500's gain of 16.8%.

What's Next for FMC?

While FMC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for FMC was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.70 on $1.22 billion in revenues for the coming quarter and $7.15 on $5.01 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical – Diversified is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
FMC Corporation (FMC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

(Adds details from investment conference)

By Ernest Scheyder

Aug 3 (Reuters) – Piedmont Lithium Inc expects to receive state regulatory approval for its proposed North Carolina lithium project and have it fully funded by mid-2022, its chief executive said on Tuesday.

Piedmont's project would be among the largest U.S. lithium mines and a key domestic source of the white metal for electric vehicle batteries. But some local North Carolina officials have voiced concerns about its environmental impact and said they may block or delay it.

The company will apply for a state mining permit by mid-August and expects the review process to last six to nine months, CEO Keith Phillips told the Jefferies Virtual Industrials Conference.

"We're very optimistic of receiving that permit," Phillips said, adding he also expects the company to receive a necessary zoning variance from Gaston County, west of Charlotte. Phillips did not forecast a timeline for county approval.

State and county officials could not immediately be reached for comment after regular business hours.

State officials told Reuters last month they expected an application "in the near future." County officials have said they would not consider a zoning change until a state permit is issued.

During his presentation, Phillips did not discuss an announcement earlier this week that Piedmont has pushed back its timeline to begin shipments of lithium chemicals to Tesla Inc .

To fund the $840 million project, Phillips said Piedmont expects to rely on a U.S. Department of Energy loan and an outside investor who could take a stake in up to half of the project "and hopefully pay a big price for that. If they don't, we won't bring in a partner."

Phillips said he hoped to have funding secured by the middle of next year.

The company, which recently took stakes in lithium projects in Quebec and Ghana, likely won't make other acquisitions in the near future, Phillips added.

(Reporting by Ernest Scheyder; Editing by David Gregorio)

SAN DIEGO, Aug. 02, 2021 (GLOBE NEWSWIRE) — The Piedmont Lithium class action lawsuit charges Piedmont Lithium Inc. (NASDAQ: PLL) and certain of its top executives with violations of the Securities Exchange Act of 1934 and seeks to represent purchasers of Piedmont Lithium publicly traded securities between March 16, 2018 and July 19, 2021, inclusive (“Class Period”). The Piedmont Lithium class action lawsuit – Skeels v. Piedmont Lithium Inc., No. 21-cv-04161– was commenced on July 23, 2021 in the Eastern District of New York and is assigned to Judge LaShann DeArcy Hall.

If you wish to serve as lead plaintiff of the Piedmont Lithium class action lawsuit, please provide your information by clicking here. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Piedmont Lithium class action lawsuit must be filed with the court no later than September 21, 2021.

CASE ALLEGATIONS: The Piedmont Lithium class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Piedmont Lithium has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont Lithium failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont Lithium failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont Lithium and its lithium business does not have “strong local government support”; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

On July 20, 2021, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported the following, among other things, regarding Piedmont Lithium’s regulatory issues in North Carolina: “The company, however, has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so. Five of the seven members of the county’s board of commissioners, who control zoning changes, say they may block or delay the project . . . .” On this news, Piedmont Lithium’s stock price fell nearly 20%, damaging investors.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Piedmont Lithium securities during the Class Period to seek appointment as lead plaintiff in the Piedmont Lithium class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Piedmont Lithium class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Piedmont Lithium class action lawsuit. An investor’s ability to share in any potential future recovery of the Piedmont Lithium class action lawsuit is not dependent upon serving as lead plaintiff.

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: With 200 lawyers in 9 offices nationwide, Robbins Geller Rudman & Dowd LLP is the largest U.S. law firm representing investors in securities class actions. Robbins Geller attorneys have obtained many of the largest shareholder recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. The 2020 ISS Securities Class Action Services Top 50 Report ranked Robbins Geller first for recovering $1.6 billion for investors last year, more than double the amount recovered by any other securities plaintiffs’ firm. Please visit https://www.rgrdlaw.com/firm.html for more information.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:

TimkenSteel Corporation TMST will release second-quarter 2021 results after the closing bell on Aug 5. Higher demand in automotive and a recovery in industrial markets are likely to have aided its performance in the second quarter.

The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missed once. It has a trailing four-quarter earnings surprise of roughly 31.8%, on average. It posted an earnings surprise of 19.4% in the last reported quarter.

Shares of TimkenSteel have rallied 250% in the past year compared with 147.6% rise of the industry.

Image Source: Zacks Investment Research

Let’s see how things are shaping up for this announcement.

What do the Estimates Say?

The Zacks Consensus Estimate for second-quarter sales for TimkenSteel is currently pegged at $326.4 million, which suggests a rise of around 111.9% year over year.

Some Factors to Watch For

TimkenSteel is expected to have benefited, in the second quarter, from higher end-market demand. Strong demand in automotive and an improvement in the industrial end markets are expected to have driven its shipments in the June quarter.

In automotive, the company is witnessing healthy demand in the light truck and SUV categories. It also seeing continued recovery in its industrial markets as reflected by higher shipments. However, weakness in the energy market is likely to have continued in the second quarter.

The company is also likely to have benefited from its efforts to improve its cost structure and manufacturing efficiency in the to-be-reported quarter. Benefits of its cost-reduction actions are expected to reflect on its bottom line in the quarter.

Timken Steel Corporation Price and EPS Surprise

Timken Steel Corporation price-eps-surprise | Timken Steel Corporation Quote

Zacks Model

Our proven model does not conclusively predict an earnings beat for TimkenSteel this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.

Earnings ESP: Earnings ESP for TimkenSteel is 0.00%. The Zacks Consensus Estimate for earnings for the second quarter is currently pegged at 62 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: TimkenSteel currently carries a Zacks Rank #2.

Stocks That Warrant a Look

Here are some companies in the basic materials space you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:

Sociedad Quimica y Minera de Chile S.A. SQM scheduled to release earnings on Aug 18, has an Earnings ESP of +21.88% and sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

GrowGeneration Corp. GRWG, scheduled to release earnings on Aug 12, has an Earnings ESP of +3.45% and carries a Zacks Rank #2.

Hecla Mining Company HL, scheduled to release earnings on Aug 5, has an Earnings ESP of +3.13% and carries a Zacks Rank #3.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

Hecla Mining Company (HL) : Free Stock Analysis Report

Timken Steel Corporation (TMST) : Free Stock Analysis Report

GrowGeneration Corp. (GRWG) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Niche Companies in Technology, Cybersecurity, Exploration & Mining, and more in Attendance

MIAMI, Aug. 03, 2021 (GLOBE NEWSWIRE) — EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 13^th Emerging Growth Conference.

The Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.

Register for the conference here.

The schedule for August 4, 2021, is as follows:

(All times are Eastern Time Zone)

We may see some schedule changes on Wednesday. To stay current on the schedule, please follow us on Twitter: https://twitter.com/EmergingGrowthC

9:40 – 9:45
Welcome to the Emerging Growth Conference.
Ana Berry

9:45 – 10:30
Bannerman Energy Ltd. (OTCQB: BNNLF), (ASX: BMN)
Brandon Munro, CEO

10:30 – 11:00
Lomiko Metals Inc. (OTCQB: LMRMF), (TSX-V: LMR)
A. Paul Gill, CEO

11:00 – 11:30
GlobeX Data Ltd. (OTCQB: SWISF), (CSE: SWIS)
Alain Ghiai, Founder and CEO

11:30 – 12:00
Third Bench Holdings (OTC Pink: NECA)
David Fair Founding Partner / CEO

12:00 – 12:30
Foothills Exploration, Inc. (OTC: FTXP)
Kevin Sylla, Executive Chairman

12:30 – 1:00
Doubleview Gold Corp. (OTC Pink: DBLVF), (TSX-V: DBG)
Farshad Shirvani, President / CEO

All interested in attending should visit the following link to register. You will then receive an email containing the link and time to sign into the conference.

Register for the conference here.

We may see some schedule changes on Wednesday. To stay current on the schedule, please follow us on Twitter: https://twitter.com/EmergingGrowthC

These exciting virtual conferences are like attending an “in person” event, you can sign in and out as often as you like.

About EmergingGrowth.com

Founded in 2009, Emerging Growth.com quickly became a leading independent small cap media portal. Over the years, it has developed an extensive history of providing unparalleled content, in identifying emerging growth companies and markets that can be overlooked by the investment community.

The next step in its evolution is the Emerging Growth Conference.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in an effective and time efficient manner.

The audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

All Conferences are first announced on Twitter – Follow us on Twitter

All Conference replays emerge on our YouTube Channel – Subscribe to our YouTube Channel

All sessions will be conducted through video webcasts and will take place in the Eastern time zone. Our conference serves as a vehicle for Emerging Growth to build relationships with our existing and potential clients. Accordingly, a certain number of the presenting companies are our current clients, and some may become our clients in the future. In exchange for services we provide, our clients pay us fees in the form of cash and securities, and we may currently have, or in the future may have investments in the securities of certain of the presenting companies. Finally, certain of the presenting companies have paid us a fee to secure a presentation time slot or to present generally. The presentations to be delivered by the presenting companies (including any handouts of written materials) have not been approved, endorsed by or otherwise reviewed by EmergingGrowth.com nor should they in any way be construed to have been made in connection with an offer to sell or a solicitation of an offer to buy securities. Please consult an investment professional before investing in anything viewed on the Emerging Growth Conference or on EmergingGrowth.com.

If you believe your company, product or service is at the cusp of going mainstream, or you have an idea for an “Emerging Growth” company that might fit our model, contact us here.

Thank you for your interest in our conference, and we look forward to your participation in future conferences.

Contact:

Emerging Growth
Phone: 1-305-330-1985
Email: Conference@EmergingGrowth.com

Olympic Steel, Inc. ZEUS will release second-quarter 2021 results after the closing bell on Aug 5.

The company has a trailing four-quarter earnings surprise of 38.7%, on average. Its second-quarter results are likely to have benefited from higher metal prices and solid end-market demand.

Shares of Olympic Steel have rallied 170.2% in the past year compared with the 147.7% rise of the industry.

Image Source: Zacks Investment Research

Let’s see how things are shaping up for this announcement.

Zacks Model

Our proven model predicts an earnings beat for Olympic Steel this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earning beat.

Earnings ESP: Earnings ESP for Olympic Steel is +31.84%. The Zacks Consensus Estimate for earnings for the second quarter is currently pegged at $2.01. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Olympic Steel currently carries a Zacks Rank #1.

What do the Estimates Say?

The Zacks Consensus Estimate for second-quarter sales for Olympic Steel is currently pegged at $516.4 million, which suggests a rise of around 108% year over year.

A Few Factors to Watch

Olympic Steel, in its first-quarter call, noted that it expects to deliver strong profitability in the second quarter, factoring in strong demand in its segments and higher metal prices.

The company’s second-quarter results are expected to have been supported by its actions to lower operating expenses and strength in its pipe and tube and specialty metals businesses. Favorable market conditions, robust end-user demand and higher metal prices are expected to have driven its top line and margins in the second quarter. Tight supply and strong demand are likely to have provided a boost to metal prices in the June quarter.

Olympic Steel is likely to have witnessed strong demand in automotive, industrial equipment, agriculture and construction end-markets in the second quarter. Higher demand is expected to have boosted the company’s volumes in the quarter.

Olympic Steel, Inc. Price and EPS Surprise

Olympic Steel, Inc. price-eps-surprise | Olympic Steel, Inc. Quote

Stocks That Warrant a Look

Here are some companies in the basic materials space you may want to consider as our model shows they too have the right combination of elements to post an earnings beat this quarter:

Sociedad Quimica y Minera de Chile S.A. SQM scheduled to release earnings on Aug 18, has an Earnings ESP of +21.88% and carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

GrowGeneration Corp. GRWG, scheduled to release earnings on Aug 12, has an Earnings ESP of +3.45% and carries a Zacks Rank #2.

Hecla Mining Company HL, scheduled to release earnings on Aug 5, has an Earnings ESP of +3.13% and a Zacks Rank #3.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

Hecla Mining Company (HL) : Free Stock Analysis Report

Olympic Steel, Inc. (ZEUS) : Free Stock Analysis Report

GrowGeneration Corp. (GRWG) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

NEW YORK, NY / ACCESSWIRE / August 2, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Churchill Capital Corp IV (NYSE:CCIV)

CONTACT JAKUBOWITZ ABOUT CCIV:
https://claimyourloss.com/securities/churchill-capital-corp-iv-loss-submission-form/?id=18172&from=1

Class Period: January 11, 2021 – February 22, 2021

Lead Plaintiff Deadline: August 30, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Lucid was not prepared to deliver vehicles by spring of 2021; (2) Lucid was projecting a production of 557 vehicles in 2021 instead of the 6,000 vehicles touted in the run-up to the merger with Churchill; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ:DKNG)

CONTACT JAKUBOWITZ ABOUT DKNG:
https://claimyourloss.com/securities/draftkings-inc-f-k-a-diamond-eagle-acquisition-corp-loss-submission-form/?id=18172&from=1

Class Period: December 23, 2019 – June 15, 2021

Lead Plaintiff Deadline: August 31, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) SBTech Global Limited ("SBTech"), a company acquired by DraftKings, had a history of unlawful operations; (ii) accordingly, DraftKings' merger with SBTech exposed the Company to dealings in black-market gaming; (iii) the foregoing increased the Company's regulatory and criminal risks with respect to these transactions; (iv) as a result of all the foregoing, the Company's revenues were, in part, derived from unlawful conduct and thus unsustainable; (v) accordingly, the benefits of the Business Combination were overstated; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.

Piedmont Lithium Inc. (NASDAQ:PLL)

CONTACT JAKUBOWITZ ABOUT PLL:
https://claimyourloss.com/securities/piedmont-lithium-inc-loss-submission-form/?id=18172&from=1

Class Period: March 16, 2018 – July 19, 2021

Lead Plaintiff Deadline: September 21, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law

View source version on accesswire.com:
https://www.accesswire.com/658099/LAWSUITS-FILED-AGAINST-CCIV-DKNG-and-PLL–Jakubowitz-Law-Pursues-Shareholders-Claims

GRENVILLE-SUR-LA-ROUGE, Quebec, Aug. 03, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), and the Municipality of Grenville-sur-la-Rouge (“GSLR”) are pleased to announce that they held a meeting on July 27, 2021 to begin a meaningful dialogue. Virtually all previous interactions between the parties were limited to correspondence via emails and letters and can be found on the Miller Project website in the Document Library under the Agreement with GSLR tab.

In its notification of a change in preliminary orientation, La Commission de Protection du territoire Agricole du Quebec (“CPTAQ”) indicated that additional information was required from Canada Carbon in order for its zoning change application to be appropriately reviewed. The additional data that Canada Carbon plans to provide is also of interest to the municipality of GSLR. Canada Carbon will begin the planning process for the work to be conducted. While Canada Carbon’s experts will conduct the work, GSLR’s experts will be invited to observe the field work. In addition, input from GSLR’s experts will be requested. As with all previous studies, the data will be made public and shared with the municipality.

"We believe that the additional studies will help reassure the municipality about our project. Our respective experts will communicate with each other in advance of the work plan being finalized and it is our hope that the experts will be in agreement as to the scope and nature of work to be performed. As we gather more data, we plan to hold face-to face meetings with the municipality’s citizens to share the data and address their concerns," said Olga Nikitovic, interim CEO.

Both parties have agreed to continue the dialogue.

For further information:

Olga Nikitovic
Interim CEO
Canada Carbon Inc.
info@canadacarbon.com

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

A few chemical companies are lined up to report their quarterly numbers tomorrow. An upswing in end-market demand from the coronavirus-induced downturn is likely to have aided the performance of chemical companies in the second quarter.

The chemical industry bore the brunt of demand shocks for much of the first half of last year as global industrial activities were put to a halt amid the pandemic. Containment measures by governments across the globe to stem the spread of infection paralyzed industrial activities and gutted demand for chemicals across the major end-use markets such as construction, automotive and electronics.

Notably, disruptions associated with the pandemic hurt chemical demand in China, a major consumer, as industrial activities in the country took a blow due to lockdown restrictions. Moreover, a slowdown in industrial and manufacturing activities due to lockdowns affected the demand for chemicals in North America and Europe.

However, the chemical industry has bounced back strongly from the virus-led slowdown on an uptick in demand in the key markets, a strong economic rebound in China and the reopening of the major economies around the world. Demand for chemicals started to pick up in the September quarter last year with a rebound in global economic activities. The upturn in demand is being driven by an upswing in manufacturing and industrial activities globally. The recovery gained further momentum during the first half of 2021.

A rebound in the major markets is likely to have spruced up demand for chemicals in the second quarter. Higher industrial demand is expected to have boosted sales volumes and the top line of chemical companies in the quarter.

However, chemical companies’ second-quarter results are expected to reflect some impact of raw material cost inflation as well as higher supply chain and logistics costs partly due to the lingering impacts from the devastating winter storm in the U.S. Gulf Coast. Extreme weather across Texas and Louisiana, and power outages disrupted the supply of feedstocks.

Nevertheless, the benefits of strategic measures, including cost management and productivity improvement, acquisitions, and actions to raise selling prices to counter cost inflation, might reflect on the second-quarter results of the companies in this space.

Per the Zacks industry classification, the chemical industry falls under the broader Basic Materials sector. Basic Materials is among those sectors that are expected to deliver positive earnings growth in the second quarter. Overall earnings for the sector are projected to rise 270.3% on 46.2% higher revenues, per the latest Earnings Trends. The projections reflect an improvement from an 80.4% rise in earnings on a 12.2% increase in revenues that was witnessed in the first quarter.

We take a look at four chemical companies that are gearing up to report their second-quarter results on Aug 3.

DuPont de Nemours, Inc. DD will report earnings numbers before the bell. Our proven model predicts an earnings beat for the company this time around. This is because it has an Earnings ESP of +3.81% and a Zacks Rank #3 (Hold). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

The Zacks Consensus Estimate for revenues for the second quarter is currently pinned at $4,003 million, suggesting an expected year-over-year decline of 17.1%. The consensus estimate for earnings is 94 cents.

The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters. In this timeframe, it delivered an earnings surprise of around 13.6%, on average.

Benefits of cost-savings and productivity actions are expected to get reflected on DuPont’s results. The company is also expected to have benefited, in the second quarter, from strong demand in semiconductor technologies and smartphones. Higher demand in the water solutions, automotive and residential construction markets is also likely to have supported its performance. (Read more: DuPont Warms Up to Q2 Earnings: What's in the Offing?)

DuPont de Nemours, Inc. Price and EPS Surprise

DuPont de Nemours, Inc. price-eps-surprise | DuPont de Nemours, Inc. Quote

FMC Corporation FMC will report results after the closing bell. Our proven model does not conclusively predict an earnings beat for the company. This is because it has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for FMC’s second-quarter sales is currently pegged at $1,228 million, which suggests a 6.3% rise year over year. The consensus estimate for earnings is $1.77.

The company beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of 4.4%, on average.

Healthy demand and new product launches are likely to have supported the company’s performance in the second quarter. However, the company’s results are likely to have been affected by higher supply-chain and input costs. (Read more: FMC Corp to Post Q2 Earnings: What's in the Cards?)

FMC Corporation Price and EPS Surprise

FMC Corporation price-eps-surprise | FMC Corporation Quote

Westlake Chemical Company WLK will report earnings numbers before the bell. Our proven model predicts an earnings beat for the company this time around. This is because it has an Earnings ESP of +1.50% and a Zacks Rank #1.

The Zacks Consensus Estimate for Westlake Chemical’s second-quarter revenues is currently pinned at $2,467 million, which indicates a 44.4% year-over-year increase. The consensus estimate for earnings is $3.80.

Westlake Chemical beat the Zacks Consensus Estimate for earnings in all the last four quarters. The company has a trailing-four quarter earnings surprise of 319.6%, on average.

The company’s earnings are likely to have benefited from higher demand for polyethylene, polyvinyl chloride resin and downstream building products on strong markets for the downstream uses of its products, including residential construction, packaging and healthcare. It is expected to have gained from higher demand in its polyethylene business in specialty applications, especially food packaging. (Read more: Westlake Chemical to Post Q2 Earnings: What's in Store?)

Westlake Chemical Corporation Price and EPS Surprise

Westlake Chemical Corporation price-eps-surprise | Westlake Chemical Corporation Quote

Quaker Chemical Corporation KWR will report results after the closing bell. Our proven model does not conclusively predict an earnings beat for the company. This is because it has an Earnings ESP of +0.22% and a Zacks Rank #4 (Sell).

The Zacks Consensus Estimate for second-quarter sales for Quaker Chemical is currently pegged at $391 million, which suggests a 36.7% rise year over year. The consensus estimate for earnings is $1.50.

The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 54.2%.

Benefits of cost-saving actions, contributions of acquisitions, healthy end-market demand and price increase initiatives are likely to reflect on its results. However, higher raw material prices are likely to have affected its second-quarter performance.

Quaker Chemical Corporation Price and EPS Surprise

Quaker Chemical Corporation price-eps-surprise | Quaker Chemical Corporation Quote

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Westlake Chemical Corporation (WLK) : Free Stock Analysis Report

DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report

FMC Corporation (FMC) : Free Stock Analysis Report

Quaker Chemical Corporation (KWR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – August 2, 2021) – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" or the "Company") reports the receipt of notice that the Mining and Environmental Justice Community Network of South Africa, claiming to be a community networking body, together with a group of residents from certain communities located near planned surface infrastructure associated with the Waterberg Mine (the "Applicants"), intend to apply for an order (the "Application for Motion") in the High Court of South Africa (the "High Court") restraining Waterberg JV Resources (Pty) Limited ("Waterberg JV Co.") from carrying on mining related activities on portions of the farms Goedetrouw and Ketting pending the finalization of the Appeals and the Review (as defined below) and the grant of various regulatory authorizations.

A mining right for the Waterberg Project was granted by the South African Department of Mineral Resources and Energy ("DMRE") on January 28, 2021 and was notarially executed on April 13, 2021 (the "Waterberg Mining Right"). After the grant of the mining right the Company received notice of and reported several appeals by objecting groups to the decision by the DMRE granting the Waterberg Mining Right (the "Appeals"). The Company also received notice of an application for an order in the High Court to review and set aside the decision by the Minister of Environment, Forestry and Fisheries to dismiss an application for condonation for the late filing of an appeal against the environmental authorization granted for the Waterberg Mine on November 10, 2020 (the "Review").

The Company believes that all requirements specified under the MPRDA have been complied with and that the DMRE correctly granted the mining right and environmental authorization. Counsel acting for Waterberg JV Co. has filed formal rebuttals to each Appeal reported above, is opposing the Review, and will file answering papers to the Application for Motion. The Waterberg Mining Right currently remains in good standing.

The Company's near-term objectives are to continue working closely with established local community leadership to maximize the value of the Waterberg Project for all stakeholders and to complete construction funding and concentrate offtake arrangements for the Waterberg Project.

About Platinum Group Metals Ltd. and Waterberg Project

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Impala Platinum Holdings Ltd., Mnombo Wethu Consultants (Pty) Ltd. ("Mnombo"), Japan Oil, Gas and Metals National Corporation and Hanwa Co. Ltd.

On behalf of the Board of
Platinum Group Metals Ltd.

Frank R. Hallam
Interim CEO and Director

For further information contact:
Kris Begic, VP, Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
www.platinumgroupmetals.net

Disclosure

The Toronto Stock Exchange and the NYSE American have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

This press release may contain forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, but are not limited to, future developments relating to the Appeals, the Review and the Application for Motion, the Company's objectives, and the development of the Waterberg Project. Although the Company believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. The Company directs readers to the risk factors described in the Company's Form 20-F annual report, annual information form and other filings with the Securities and Exchange Commission and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91833

New York, New York–(Newsfile Corp. – August 2, 2021) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Piedmont Lithium Inc. f/k/a/ Piedmont Lithium Limited (NASDAQ: PLL) (NASDAQ: PLLL) between March 16, 2018 and July 19, 2021, inclusive (the "Class Period"), of the important September 21, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Piedmont securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont, and its lithium business, does not have "strong local government support"; and (5) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91902

Albemarle Corporation ALB will release second-quarter 2021 results after the closing bell on Aug 4. The company is likely to have benefited from higher lithium volumes and prices and its cost-reduction actions in the quarter. However, its Catalysts unit is expected to have faced headwinds from the lingering impacts of the winter storm.

The company beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters. In this timeframe, it delivered an earnings surprise of 25%, on average. It posted an earnings surprise of 39.2% in the last reported quarter.

Albemarle’s shares are up 147.3% over a year compared with a 39.6% rise of the industry it belongs to.

Image Source: Zacks Investment Research

Let’s see how things are shaping up for this announcement.

What do the Estimates Say?

The Zacks Consensus Estimate for revenues for Albemarle for the to-be-reported quarter stands at $787 million, reflecting an increase of 3% from the year-ago quarter.

The Zacks Consensus Estimate for net sales for the Lithium unit stands at $305 million, indicating a 7.4% year-over-year rise. The same for the Bromine Specialties segment for the second quarter is pegged at $249 million, reflecting an 6.9% increase on a year-over-year basis.

Moreover, the Zacks Consensus Estimate for net sales for the Catalysts segment is pinned at $198 million, flat year over year.

Some Factors to Watch For

Albemarle is likely to have benefited from higher volumes in its lithium business in the second quarter on continued recovery in global economic activities. Healthy customer orders and plant productivity improvements are like to have supported volumes. An uptick in lithium prices amid tighter market conditions is also expected to have aided its performance.

Benefits of the company’s cost-saving initiatives are also expected to get reflected in the quarter to be reported. The company remains on track with its cost-saving program which is expected to deliver run rate savings of more than $120 million by the end of 2021. Its cost actions are expected to have supported margins in the second quarter.

The company’s Bromine Specialties unit is also expected to have benefited from strong demand across the portfolio as well as cost-saving and pricing initiatives in the to-be-reported quarter.

However, its Catalysts unit is likely to have faced headwind from weak fluid catalytic cracking (FCC) volumes resulting from the lingering impact of the winter storm Uri. Delays in FCC orders are expected to have affected volumes in the June quarter. Some impact of lost production volumes due to the winter storm are also expected to reflect in Bromine Specialties results. The company is also likely to have faced headwind raw material cost inflation in the second quarter.

Albemarle Corporation Price and EPS Surprise

Albemarle Corporation price-eps-surprise | Albemarle Corporation Quote

Zacks Model

Our proven model does not conclusively predict an earnings beat for Albemarle this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.

Earnings ESP: Earnings ESP for Albemarle is -7.95%. The Zacks Consensus Estimate for earnings for the second quarter is currently pegged at 83 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Albemarle currently carries a Zacks Rank #3.

Stocks That Warrant a Look

Here are some companies in the basic materials space you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter:

Westlake Chemical Corporation WLK scheduled to release earnings on Aug 3, has an Earnings ESP of +1.50% and carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

DuPont de Nemours, Inc. DD, scheduled to release earnings on Aug 3, has an Earnings ESP of +3.81% and carries a Zacks Rank #3.

Olympic Steel, Inc. ZEUS, scheduled to release earnings on Aug 5, has an Earnings ESP of +31.84% and sports a Zacks Rank #1.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Westlake Chemical Corporation (WLK) : Free Stock Analysis Report

DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report

Albemarle Corporation (ALB) : Free Stock Analysis Report

Olympic Steel, Inc. (ZEUS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

(Bloomberg) — Commodities begin August near a decade-high, and there’ll be plenty this week to help investors judge what comes next. A sweep of major earnings, including numbers from Glencore Plc and BP Plc, as well as the United Nations’ latest take on global food costs will deliver key clues across the whole stable of raw materials just as the pandemic threat flares anew.

The earnings cycle also brings numbers from the world’s top lithium producer, Albemarle Corp., and a clutch of Japan’s storied commodities giants. Drilling down, market moves to watch include what’s next for copper as strike risks intensify at the world’s biggest mine, Europe’s gas crunch and wheat’s surge.

The earnings presentation from mining-to-trading behemoth Glencore on Thursday will draw additional attention as the first for new CEO Gary Nagle after Ivan Glasenberg moved on. Investors will want his take on markets through the second-half, with Covid-19’s delta variant and economic headwinds in China posing risks.

Money, Money, Money

Global commodity corporates have unveiled stellar profits and shoveled cash to shareholders so far this earnings season, and that theme will go on dominating proceedings this week. BP, which reports on Tuesday, offered a modest $500 million buyback program last quarter, and may now want to woo investors more powerfully, just like peer Royal Dutch Shell Plc did last week. More is expected on BP’s plans to return 60% of surplus cash to shareholders, possibly including a dividend upgrade, according to Bloomberg Intelligence.

For Glencore, it will be the first earnings outing for the new chief executive officer, Gary Nagle. He entered at the best of times, especially for the firm’s metals book (more on those markets follows below). The group’s trading unit will hit the top end of its guidance for this year, which was $3.2 billion, the firm said on Friday, ahead of this week’s grand reveal.

Metals Mania

Metals markets are displaying renewed vigor, with the catch-all LMEX Index pushing back toward the decade-high seen in May. This week carries the potential for further gains, with particular focus likely to fall on nickel, aluminum and copper. With stockpiles drawing, nickel — which boasts uses in old-economy stainless steel as well as new-economy batteries — is on the cusp of topping $20,000 a ton, and may go on to hit the highest since 2014.

Similarly, aluminum is in a sweet spot as solid demand has driven the cash-three month spread to the biggest backwardation since 2019. Traders are looking for the next move after prices exceeded $2,600 a ton. And copper may retake $10,000 a ton amid the risk of a strike at Escondida in Chile. At the vast pit, workers voted in favor of a strike, overwhelmingly rejecting owner BHP Group’s final wage offer. Labor rules give either side the option of mediation before a strike could begin.

Feed Us All

An additional 291 million people worldwide will go hungry this year, the U.S. government warned last week. That’s just the latest in a string of bleak takes on the food chain as the impact of pandemic and economic distress combine with weather-driven price spikes to elevate costs. This week’s authoritative food-price index report from United Nations will verify whether the rampant rally in food inflation is due for a pullback, or is hitting new highs.

The index — which tracks a broad basket of commodity staples including vegetable oils, meat and grains — retreated in June after a blistering year-long rally. Some agricultural markets have steadied as Northern Hemisphere harvests approach and the pace of China’s demand remains in focus. However, food costs are still well above 2020, and good weather in coming weeks will be critical for big crops to bear out and bring prices lower.

Fuel for Thought

An extraordinary, globe-spanning supply crunch in natural gas has fueled eye-watering price rallies from the Netherlands to China, and investors are primed to see whether the gains are extended. European gas prices climbed to a record on signs that flows via a key Russian pipeline have declined, taking traders by surprise. The amount of gas entering Germany at the Mallnow compressor station has suddenly dropped, signaling Russia is flowing less through the Yamal-Europe link via Belarus and Poland. Meanwhile, Asian liquefied natural gas prices are nearing a seasonal high as importers compete for supply amid the hotter summer weather.

The broad-based advances may encourage utilities in Europe and Asia to switch to dirtier-burning coal, even though that fuel is also near a record. Some generators, which had been delaying LNG spot procurement in the hope prices would fall, must now bite the bullet and buy the fuel at sky-high rates. In China, futures for thermal coal fell from near-record levels as the government pledged to boost supply.

All Charged Up

Albemarle, the world’s largest lithium miner, kicks off earnings on Wednesday for producers of the metal that’s key to powering rechargeable batteries. Investors are looking for insight on how these companies are positioning themselves amid signs that big mining companies are taking a greater interest in battery metals. Livent Corp.’s results are expected on Thursday, while SQM, the second-largest producer, reports later in the month

The procession of earnings will come as the industry faces much greater scrutiny over the green credentials of its mining processes. Albemarle and SQM are ramping up output in Chile’s Atacama in response to a projected tripling of global demand as copper mines, communities and tourism also compete for water. In the meantime, surging lithium prices are giving producers a boost, and traders are looking for more clues on the durability of the rally.

For The Diary

Click here for oil marketsClick here for gas marketsClick here for metals marketsClick here for agriculture markets

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

NEW YORK, Aug. 01, 2021 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Piedmont Lithium Inc. (“Piedmont” or the “Company”) (NASDAQ:PLL) and reminds investors of the September 21, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

If you suffered losses exceeding $50,000 investing in Piedmont stock or options between March 16, 2018 and July 19, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/PLL.

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.

As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have “strong local government support”; and (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

Specifically, on July 20, 2021, before market hours, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which, among other things, reported various regulatory issues regarding the Company’s prospective mining operations in North Carolina.

On this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021, damaging investors.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Piedmont’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

NEW YORK, NY / ACCESSWIRE / July 30, 2021 / Pomerantz LLP is investigating claims on behalf of investors of Piedmont Lithium Inc. ("Piedmont" or the "Company") (NASDAQ:PLL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Piedmont and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

In 2020, Piedmont signed a deal to supply Tesla Inc. with lithium sourced from its deposits in North Carolina. Then, on July 20, 2021, Reuters reported that Piedmont "has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so." Reuters further reported that "[f]ive of the seven members of the county's board of commissioners, who control zoning changes, say they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected."

On this news, Piedmont's stock price fell $12.56 per share, or 19.91%, to close at $50.52 per share on July 20, 2021.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

View source version on accesswire.com:
https://www.accesswire.com/657892/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-Piedmont-Lithium-Inc–PLL

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Piedmont To Contact Him Directly To Discuss Their Options

New York, New York–(Newsfile Corp. – July 30, 2021) – Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Piedmont Lithium Inc. ("Piedmont" or the "Company") (NASDAQ: PLL) and reminds investors of the September 21, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

If you suffered losses exceeding $50,000 investing in Piedmont stock or options between March 16, 2018 and July 19, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/PLL.

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.

As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Specifically, on July 20, 2021, before market hours, Reuters published an article entitled "In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors" which, among other things, reported various regulatory issues regarding the Company's prospective mining operations in North Carolina.

On this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021, damaging investors.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Piedmont's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91766

RADNOR, Pa., July 31, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited (NASDAQ: PLL) (“Piedmont”) on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the “Class Period”).

Lead Plaintiff Deadline: September 21, 2021

Website: https://www.ktmc.com/piedmont-lithium-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=piedmont

Contact: James Maro, Esq. (484) 270-1453
Toll free (844) 887-9500

Piedmont engages in the exploration and development of resource projects. Throughout the Class Period, Piedmont informed investors regarding its plan for completing necessary permitting and zoning activities required to commence mining and processing operations in North Carolina. The truth began to emerge on July 20, 2021. Before market hours, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported serious issues regarding Piedmont’s regulatory status in North Carolina.

The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have “strong local government support”; and (5) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP, or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com