CleanTech Lithium (LON:CTL) Trading Up 11.9% – Still a Buy?

CleanTech Lithium Plc (LON:CTL)’s share price rose 11.9% during trading on Tuesday . The company traded as high as GBX 9.50 and last traded at GBX 9.40. Approximately 727,324 shares traded hands during trading, a decline of 54% from the average daily volume of 1,585,518 shares. The stock had previously closed at GBX 8.40.

CleanTech Lithium Stock Up 11.9%

The firm has a market cap of £19.08 million, a PE ratio of 10.00 and a beta of -0.79. The company has a 50-day simple moving average of GBX 10.02 and a two-hundred day simple moving average of GBX 7.42.

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. 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.