CleanTech Lithium (LON:CTL) Trading 1% Higher – Here’s What Happened

CleanTech Lithium Plc (LON:CTL)’s stock price was up 1% on Thursday . The stock traded as high as GBX 5.20 and last traded at GBX 5.03. Approximately 831,860 shares traded hands during trading, a decline of 65% from the average session volume of 2,347,301 shares. The stock had previously closed at GBX 4.97.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 17 price objective on shares of CleanTech Lithium in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 17.

CleanTech Lithium Price Performance

The firm has a market capitalization of £18.48 million, a PE ratio of -2.73 and a beta of -0.79. The company has a fifty day moving average of GBX 6.68 and a 200-day moving average of GBX 8.24.

About CleanTech Lithium

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.