CleanTech Lithium (LON:CTL) Reaches New 52-Week Low – Here’s Why

Shares of CleanTech Lithium Plc (LON:CTLGet Free Report) hit a new 52-week low on Tuesday . The stock 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 Down 3.7 %

The firm has a market cap of £15.24 million, a P/E ratio of -272.50 and a beta of -0.79. The business has a fifty day simple moving average of GBX 14.92 and a 200-day simple moving average of GBX 17.40.

Insider Transactions at CleanTech Lithium

In other CleanTech Lithium news, insider Tommy McKeith bought 454,545 shares of the stock in a transaction dated Wednesday, October 9th. The stock was purchased at an average cost of GBX 11 ($0.14) per share, for a total transaction 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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