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

CleanTech Lithium (LON:CTL)‘s stock had its “speculative buy” rating reiterated by equities researchers at Canaccord Genuity Group in a report issued on Monday,Digital Look reports. They currently have a GBX 20 price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 226.00% from the company’s previous close.

CleanTech Lithium Stock Performance

CleanTech Lithium stock opened at GBX 6.14 on Monday. CleanTech Lithium has a 1 year low of GBX 4.80 and a 1 year high of GBX 21. The firm has a 50 day moving average price of GBX 5.46 and a 200 day moving average price of GBX 6.30. The company has a market cap of £12.27 million, a price-to-earnings ratio of 6.53 and a beta of -0.79.

CleanTech Lithium Company Profile

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.