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CleanTech Lithium PLC ( (GB:CTL) ) has shared an announcement.
CleanTech Lithium PLC has appointed Cutfield Freeman & Company as financial advisor to secure a strategic partner and structure project financing for the next phase of development at its flagship Laguna Verde lithium project in Chile, as the company moves towards completion of a pre-feasibility study and advances its application for a Special Lithium Operating Contract. The move underscores the importance of funding as the Laguna Verde project approaches commercialisation, with management highlighting CF&Co’s strong track record in energy-transition minerals and junior mining finance as a key asset in attracting suitable partners and unlocking the project’s full value in a competitive battery metals market.
The most recent analyst rating on (GB:CTL) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on CleanTech Lithium PLC stock, see the GB:CTL Stock Forecast page.
Spark’s Take on GB:CTL Stock
According to Spark, TipRanks’ AI Analyst, GB:CTL is a Neutral.
The score is primarily weighed down by weak financial performance: the company is pre-revenue with expanding losses and sustained cash burn, increasing reliance on external funding despite only moderate leverage. Technical indicators are moderately supportive in the near term (price above key shorter-term averages and positive MACD), but the longer-term trend remains weaker (below the 200-day average). Valuation is constrained by negative earnings (negative P/E) and no dividend yield data.
To see Spark’s full report on GB:CTL stock, click here.
More about CleanTech Lithium PLC
CleanTech Lithium PLC is an exploration and development company focused on advancing sustainable lithium projects in Chile to support the clean energy transition. Listed on AIM and in Frankfurt, it is developing two key lithium assets, Laguna Verde and Viento Andino, alongside an exploration-stage project at Arenas Blancas in the lithium-rich Atacama region, and plans to use Direct Lithium Extraction technology with brine reinjection to minimise environmental impact and avoid aquifer depletion.
Average Trading Volume: 529,215
Technical Sentiment Signal: Hold
Current Market Cap: £12.38M
Find detailed analytics on CTL stock on TipRanks’ Stock Analysis page.