CleanTech Lithium (LON:CTL) Sets New 12-Month Low – Here’s What Happened

CleanTech Lithium Plc (LON:CTL) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 16 ($0.20) and last traded at GBX 16.30 ($0.20), with a volume of 260533 shares traded. The stock had previously closed at GBX 17.25 ($0.22).

CleanTech Lithium Stock Down 5.5 %

The firm’s 50 day simple moving average is GBX 14.32 and its 200 day simple moving average is GBX 15.30. The company has a market cap of £23.66 million, a price-to-earnings ratio of -407.50 and a beta of -0.79.

Insider Activity at CleanTech Lithium

In other news, insider Tommy McKeith purchased 454,545 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average cost of GBX 11 ($0.14) per share, with a total value of £49,999.95 ($62,554.67). Company insiders own 12.45% of the company’s stock.

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.