CleanTech Lithium Plc (LON:CTL – Get Free Report) traded up 6.3% during mid-day trading on Wednesday. The company traded as high as GBX 7.50 and last traded at GBX 7.17. 1,177,068 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,765,290 shares. The stock had previously closed at GBX 6.75.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 17 price objective on shares of CleanTech Lithium in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 17.
Get Our Latest Analysis on CTL
CleanTech Lithium Price Performance
The business has a fifty day moving average price of GBX 6.75 and a 200 day moving average price of GBX 7.56. The company has a market capitalization of £26.20 million, a price-to-earnings ratio of -4.48 and a beta of -0.79.
CleanTech Lithium Company Profile
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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