Atlantic Lithium (LON:ALL) Earns Speculative Buy Rating from Canaccord Genuity Group

Atlantic Lithium (LON:ALLGet Free Report)‘s stock had its “speculative buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 34 price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 273.63% from the company’s previous close.

Atlantic Lithium Stock Up 1.1%

ALL opened at GBX 9.10 on Wednesday. Atlantic Lithium has a 12 month low of GBX 5.32 and a 12 month high of GBX 19.50. The company has a debt-to-equity ratio of 1.72, a current ratio of 3.58 and a quick ratio of 6.08. The stock has a market cap of £63.08 million, a P/E ratio of -9.16 and a beta of -0.08. The stock’s 50 day moving average price is GBX 7.78 and its 200 day moving average price is GBX 7.68.

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