CleanTech Lithium (LON:CTL) Stock Price Up 7.3% – Still a Buy?

CleanTech Lithium Plc (LON:CTLGet Free Report)’s stock price was up 7.3% during mid-day trading on Thursday . The stock traded as high as GBX 10 ($0.13) and last traded at GBX 9.50 ($0.12). Approximately 229,785 shares traded hands during trading, a decline of 65% from the average daily volume of 657,124 shares. The stock had previously closed at GBX 8.85 ($0.11).

CleanTech Lithium Price Performance

The firm has a market cap of £13.79 million, a price-to-earnings ratio of -221.25 and a beta of -0.79. The firm has a fifty day simple moving average of GBX 11.90 and a two-hundred day simple moving average of GBX 16.39.

Insider Buying and Selling

In other news, insider Tommy McKeith bought 454,545 shares of CleanTech Lithium stock in a transaction that occurred on Wednesday, October 9th. The stock was bought at an average price of GBX 11 ($0.14) per share, for a total transaction of £49,999.95 ($63,267.05). 12.45% of the stock is owned by company insiders.

CleanTech Lithium Company Profile

(Get Free Report)

CleanTech Lithium Plc engages in the exploration, development, and production of lithium in Chile. It holds interests in the Laguna Verde, Francisco Basin, and Llamara projects that covers an area of approximately 500 square kilometers. The company was founded in 2017 and is headquartered in Saint Helier, Jersey.

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