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The latest announcement is out from Century Lithium ( (TSE:LCE) ).
Century Lithium Corp., an advanced-stage lithium developer in Nevada, is working to bring its Angel Island sedimentary lithium project into production using a proprietary chloride leaching and Direct Lithium Extraction process designed to supply battery-grade lithium carbonate to EV and energy storage markets while leveraging by-product sodium hydroxide to support cost competitiveness. The company has appointed lithium-ion battery ecosystem expert Dr. Cormac O’Laoire as a strategic advisor, bolstering its technical and commercial capabilities in lithium refining and global supply chains as it advances Angel Island through permitting and evaluates downstream and strategic options, potentially strengthening its position within the emerging U.S. domestic battery materials supply chain.
The most recent analyst rating on (TSE:LCE) stock is a Hold with a C$0.59 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 Neutral.
The score is driven primarily by a strong, low-leverage balance sheet that reduces solvency risk, offset by the company’s pre-revenue status with continued losses and negative free cash flow. Technicals are supportive due to strong trend momentum, but overbought readings temper the outlook. Valuation is constrained by negative earnings and no indicated dividend yield.
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 project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The company employs a patent-pending chloride leaching process combined with Direct Lithium Extraction to produce battery-grade lithium carbonate, with plans to sell surplus sodium hydroxide from its chlor-alkali process to help keep operating costs competitive. Angel Island is in permitting for a three-phase, feasibility-level production plan designed to deliver an estimated average of 34,000 tonnes of lithium carbonate annually over a 40-year mine life, targeting the growing electric vehicle and battery storage markets.
Average Trading Volume: 112,946
Technical Sentiment Signal: Buy
Current Market Cap: C$95.87M
See more insights into LCE stock on TipRanks’ Stock Analysis page.