CleanTech Lithium (LON:CTL) Stock Keeps “Speculative Buy” Rating at Canaccord Genuity Group

CleanTech Lithium (LON:CTL)‘s stock had its “speculative buy” rating restated by analysts at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They currently have a GBX 17 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 134.48% from the stock’s previous close.

CleanTech Lithium Stock Up 7.4%

CTL stock traded up GBX 0.50 during trading on Tuesday, hitting GBX 7.25. 885,884 shares of the company’s stock traded hands, compared to its average volume of 1,865,451. The stock has a market capitalization of £26.48 million, a price-to-earnings ratio of -4.53 and a beta of -0.79. CleanTech Lithium has a 52 week low of GBX 4.50 and a 52 week high of GBX 17.75. The stock has a fifty day moving average price of GBX 6.18 and a two-hundred day moving average price of 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.