CleanTech Lithium’s (CTL) “Speculative Buy” Rating Reaffirmed at Canaccord Genuity Group

CleanTech Lithium (LON:CTL)‘s stock had its “speculative buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 17 target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 134.48% from the stock’s current price.

CleanTech Lithium Stock Up 7.4%

Shares of CTL traded up GBX 0.50 during midday trading on Tuesday, hitting GBX 7.25. The company’s stock had a trading volume of 885,884 shares, compared to its average volume of 1,865,451. CleanTech Lithium has a one year low of GBX 4.50 and a one year high of GBX 17.75. The stock has a market capitalization of £26.48 million, a price-to-earnings ratio of -4.53 and a beta of -0.79. The company’s fifty day simple moving average is GBX 6.18 and its two-hundred day simple moving average is GBX 6.83.

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.