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 research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, October 6th, Digital Look reports. They presently have a GBX 17 price target on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 149.27% from the stock’s previous close.

CleanTech Lithium Stock Performance

CleanTech Lithium stock traded down GBX 0.43 on Tuesday, reaching GBX 6.82. The company’s stock had a trading volume of 271,994 shares, compared to its average volume of 1,844,638. The company has a market cap of £24.91 million, a price-to-earnings ratio of -4.26 and a beta of -0.79. The business’s fifty day moving average price is GBX 6.29 and its 200 day moving average price is GBX 6.75. CleanTech Lithium has a twelve month low of GBX 4.50 and a twelve month high of GBX 17.75.

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.