Century Lithium Achieves High Recovery of Rare Earth Elements

Century Lithium ( (TSE:LCE) ) has provided an announcement.

Century Lithium Corp. announced successful test results for the recovery of rare earth elements (REEs) from its Angel Island project in Nevada. The tests demonstrated high REE recoveries without affecting lithium extraction, potentially enhancing the project’s economics and aligning with North American critical-minerals supply chain initiatives. This advancement positions Century Lithium to supply both lithium and REEs, supporting supply-chain resilience and enhancing the long-term value of the Angel Island project.

The most recent analyst rating on (TSE:LCE) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Century Lithium stock, see the TSE:LCE Stock Forecast page.

Spark’s Take on TSE:LCE Stock

According to Spark, TipRanks’ AI Analyst, TSE:LCE is a Underperform.

Century Lithium faces significant financial challenges with persistent losses and negative cash flows, heavily impacting its overall score. While technical indicators suggest some positive market trends, the lack of profitability and absence of dividends weigh down the valuation. Recent corporate developments show promise but do not significantly alter the financial outlook at this time.

To see Spark’s full report on TSE:LCE stock, click here.

More about Century Lithium

Century Lithium Corp. is an advanced-stage lithium company focused on developing its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. The project is one of the largest sedimentary lithium deposits in the United States, aiming to produce battery-grade lithium carbonate for the electric vehicle and battery storage market. The company employs a patent-pending process for chloride leaching and direct lithium extraction.

Average Trading Volume: 257,612

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$42.97M

See more data about LCE stock on TipRanks’ Stock Analysis page.