CleanTech Lithium (LON:CTL) Stock Rating Reaffirmed as “Speculative Buy” by Canaccord Genuity Group

CleanTech Lithium (LON:CTL)‘s stock had its “speculative buy” rating reiterated by investment analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 17 price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 134.55% from the company’s current price.

CleanTech Lithium Trading Down 0.0%

Shares of CleanTech Lithium stock traded down GBX 0 during trading hours on Tuesday, reaching GBX 7.25. 1,430,876 shares of the company’s stock were exchanged, compared to its average volume of 1,861,000. CleanTech Lithium has a 52-week low of GBX 4.50 and a 52-week high of GBX 17.75. The company has a fifty day moving average of GBX 6.26 and a 200-day moving average of GBX 6.81. The firm has a market capitalization of £26.47 million, a price-to-earnings ratio of -4.53 and a beta of -0.79.

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.