CleanTech Lithium (LON:CTL) Trading Down 25.6% – Should You Sell?

Posted by Trevor Kearing on Oct 11th, 2024

CleanTech Lithium Plc (LON:CTL – Get Free Report)’s share price fell 25.6% during mid-day trading on Wednesday . The stock traded as low as GBX 10.49 ($0.14) and last traded at GBX 10.60 ($0.14). Approximately 1,142,144 shares traded hands during trading, an increase of 87% from the average daily volume of 609,383 shares. The stock had previously closed at GBX 14.25 ($0.19).

CleanTech Lithium Price Performance

The stock has a market cap of £17.42 million, a price-to-earnings ratio of -291.25 and a beta of -0.79. The business’s 50 day moving average is GBX 16.06 and its 200 day moving average is GBX 17.60.

Insider Transactions at CleanTech Lithium

In other CleanTech Lithium news, insider Tommy McKeith bought 454,545 shares of the business’s stock in a transaction dated Wednesday, October 9th. The shares were acquired at an average price of GBX 11 ($0.14) per share, with a total value of £49,999.95 ($65,436.40). Insiders own 12.45% of the company’s stock.

About CleanTech Lithium

(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.