CleanTech Lithium (LON:CTL) Reaches New 12-Month Low – What’s Next?

CleanTech Lithium Plc (LON:CTLGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 10.13 ($0.13) and last traded at GBX 10.50 ($0.14), with a volume of 1083652 shares. The stock had previously closed at GBX 10.90 ($0.14).

CleanTech Lithium Stock Performance

The firm has a 50-day moving average price of GBX 14.92 and a 200 day moving average price of GBX 17.40. The stock has a market capitalization of £15.24 million, a P/E ratio of -272.50 and a beta of -0.79.

Insiders Place Their Bets

In other CleanTech Lithium news, insider Tommy McKeith purchased 454,545 shares of the stock in a transaction on Wednesday, October 9th. The stock was acquired at an average cost of GBX 11 ($0.14) per share, with a total value of £49,999.95 ($64,918.14). Insiders own 12.45% of the company’s stock.

About CleanTech Lithium

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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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