CleanTech Lithium’s (CTL) Speculative Buy Rating Reiterated at Canaccord Genuity Group

CleanTech Lithium (LON:CTL)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a report issued on Thursday, Digital Look reports. They currently have a GBX 17 price target on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 172.00% from the company’s current price.

CleanTech Lithium Stock Performance

Shares of LON CTL opened at GBX 6.25 on Thursday. The firm has a fifty day moving average of GBX 5.72 and a 200 day moving average of GBX 7.28. The firm has a market cap of £22.82 million, a PE ratio of -2.84 and a beta of -0.79. CleanTech Lithium has a one year low of GBX 4.50 and a one year 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.