Clean TeQ (OTCMKTS:CTEQF) Trading 10.1% Higher – Still a Buy?

Shares of Clean TeQ Holdings Limited (OTCMKTS:CTEQFGet Free Report) shot up 10.1% during trading on Monday . The stock traded as high as $7.3499 and last traded at $7.06. 78,076 shares were traded during mid-day trading, an increase of 462% from the average session volume of 13,897 shares. The stock had previously closed at $6.41.

Clean TeQ Price Performance

The stock’s 50 day simple moving average is $6.58 and its two-hundred day simple moving average is $4.48.

Clean TeQ Company Profile

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Clean TeQ Holdings Limited (OTCMKTS: CTEQF), also listed on the Australian Securities Exchange, is an Australia-based technology and resource company specializing in the extraction and purification of critical metals, including nickel, cobalt, scandium and rare earth elements. The company leverages its proprietary Continuous Ionic Exchange (CIX) technology to recover metals from low-grade ores and complex brines with enhanced efficiency and reduced environmental footprint.

Its flagship asset, the Sunrise Nickel-Cobalt Project in New South Wales, ranks among the largest undeveloped nickel-cobalt resources globally and is being advanced toward production to supply the growing electric vehicle supply chain.

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