CleanTech Lithium (LON:CTL) Stock Price Up 11.9% – Here’s Why

Shares of CleanTech Lithium Plc (LON:CTL) shot up 11.9% during mid-day trading on Tuesday . The stock traded as high as GBX 9.50 and last traded at GBX 9.40. 727,324 shares were traded during trading, a decline of 54% from the average session 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 50 day moving average of GBX 10.02 and a 200 day moving average of GBX 7.42. The firm has a market cap of £19.08 million, a PE ratio of 10.00 and a beta of -0.79.

About CleanTech Lithium

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.