CleanTech Lithium (LON:CTL) Given “Speculative Buy” Rating at Canaccord Genuity Group

CleanTech Lithium (LON:CTLGet Free Report)‘s stock had its “speculative buy” rating reiterated by stock analysts at Canaccord Genuity Group in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 17 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 183.33% from the stock’s current price.

CleanTech Lithium Trading Down 3.8%

CTL opened at GBX 6 on Thursday. The company has a fifty day moving average price of GBX 7.36 and a two-hundred day moving average price of GBX 8.23. The company has a market cap of £12.25 million, a P/E ratio of 6.38 and a beta of -0.79. CleanTech Lithium has a 1-year low of GBX 4.50 and a 1-year high of GBX 17.75.

CleanTech Lithium Company Profile

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CleanTech Lithium (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF) is an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium’s mission is to produce material quantities of sustainable battery grade lithium products using Direct Lithium Extraction technology powered by renewable energy. The Company plans to be a leading supplier of ‘green’ lithium to the EV and battery manufacturing market.

CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and hold licences in Llamara and Salar de Atacama, located in the lithium triangle, a leading centre for battery grade lithium production.

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