CleanTech Lithium Plc (LON:CTL – Get Free Report)’s share price crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 6.73 and traded as high as GBX 7.50. CleanTech Lithium shares last traded at GBX 7.08, with a volume of 462,409 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 17 price objective on shares of CleanTech Lithium in a report on Tuesday, October 6th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, CleanTech Lithium currently has an average rating of “Buy” and an average target price of GBX 17.
Check Out Our Latest Report on CleanTech Lithium
CleanTech Lithium Stock Up 7.1%
The stock has a market capitalization of £27.39 million, a price-to-earnings ratio of -4.69 and a beta of -0.79. The stock’s 50-day simple moving average is GBX 6.73 and its 200 day simple moving average is GBX 7.57.
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.
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