CleanTech Lithium (LON:CTL) Stock Price Down 5.5% – Should You Sell?

CleanTech Lithium Plc (LON:CTL)’s stock price dropped 5.5% during trading on Wednesday . The company traded as low as GBX 11 and last traded at GBX 11.10. Approximately 111,014 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,602,456 shares. The stock had previously closed at GBX 11.75.

CleanTech Lithium Trading Down 10.6%

The firm has a market capitalization of £21.31 million, a PE ratio of 11.17 and a beta of -0.79. The business’s 50 day simple moving average is GBX 9.96 and its two-hundred day simple moving average is GBX 7.10.

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.