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CleanTech Lithium PLC
(LSE:CTL)
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Rating:43Neutral
Price Target:
5.00 p
▼(-13.04% Downside)
Action:Reiterated
Date:06/17/26
The score is held down primarily by weak financial performance (pre-revenue status, ongoing losses, and persistent negative free cash flow). Technicals add further pressure with the stock trading below key moving averages and negative momentum, while valuation provides limited support because a negative P/E (loss-making) and no dividend yield reduce comparability and investor downside buffers.
Positive Factors
Balance sheet equity cushion
A meaningful equity base relative to modest debt provides a durable financing cushion for a development-stage lithium company. This equity cushion improves resilience to project delays, reduces near-term solvency risk, and makes staged project financing and partnerships more feasible over months.
Negative Factors
Pre-revenue status and persistent losses
Being pre-revenue means the business has no operating income and remains entirely dependent on delivering future project milestones to generate sales. This creates structural uncertainty: permitting, DLE scale-up, and conversion to commercial output must all succeed before revenues, extending execution and commercialization risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet equity cushion
A meaningful equity base relative to modest debt provides a durable financing cushion for a development-stage lithium company. This equity cushion improves resilience to project delays, reduces near-term solvency risk, and makes staged project financing and partnerships more feasible over months.
Read all positive factors
CleanTech Lithium PLC (CTL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£19.06M
Dividend YieldN/A
Average Volume (3M)322.53K
Price to Earnings (P/E)―
Beta (1Y)1.23
Revenue GrowthN/A
EPS Growth76.95%
CountryUK
Employees11
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding362,991,730
10 Day Avg. Volume616,557
30 Day Avg. Volume322,530
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.36
Price to Sales (P/S)0.00
P/FCF Ratio-1.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£17.00Price Target Upside195.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
CleanTech Lithium PLC Business Overview & Revenue Model
Company Description
CleanTech Lithium Plc engages in the exploration and production of lithium. Its projects include the Laguna Verde, Viento Andino, Llamara, and Arenas Blancas. The company was founded by Jason Paul Baverstock and Aldo Jose Boitano de Moras in 2017 ...
How the Company Makes Money
As of publicly available information up to the present, CTL is primarily a pre-revenue/project-development company rather than a mature producer; therefore, information on recurring operating revenue is null. The intended long-term revenue model i...
CleanTech Lithium PLC Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -815.16K | -4.47M | -5.89M | -3.79M | -1.20M |
| Net Income | -2.81M | -7.24M | -5.89M | -3.80M | -1.21M |
Balance Sheet | |||||
| Total Assets | 45.19M | 32.88M | 20.52M | 17.96M | 4.05M |
| Cash, Cash Equivalents and Short-Term Investments | 1.84M | 134.25K | 6.20M | 12.37M | 3.23M |
| Total Debt | 3.09M | 2.19M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 25.80M | 18.93M | 730.35K | 633.75K | 518.33K |
| Stockholders Equity | 19.39M | 13.95M | 19.79M | 17.33M | 3.53M |
Cash Flow | |||||
| Free Cash Flow | -5.45M | -9.98M | -14.26M | -7.86M | -1.41M |
| Operating Cash Flow | -4.11M | -3.47M | -5.41M | -3.46M | -717.50K |
| Investing Cash Flow | -1.34M | -6.50M | -8.85M | -4.40M | -695.93K |
| Financing Cash Flow | 7.11M | 4.31M | 8.19M | 17.01M | 4.56M |
CleanTech Lithium PLC Technical Analysis
Negative
5.75
Price Trends
5.91
Negative
7.15
Negative
7.38
Negative
Market Momentum
-0.17
Negative
34.51
Neutral
19.44
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CTL, the sentiment is Negative. The current price of 5.75 is above the 20-day moving average (MA) of 5.37, below the 50-day MA of 5.91, and below the 200-day MA of 7.38, indicating a bearish trend. The MACD of -0.17 indicates Negative momentum. The RSI at 34.51 is Neutral, neither overbought nor oversold. The STOCH value of 19.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CTL.
CleanTech Lithium PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | £46.91M | 0.51 | 0.37% | ― | ― | 44.90% | |
46 Neutral | £123.43M | -31.72 | -15.04% | ― | ― | 36.62% | |
43 Neutral | £19.06M | -2.36 | -16.51% | ― | ― | 76.95% | |
42 Neutral | £205.04M | -0.07 | -18.08% | ― | ― | ― |
* Basic Materials Sector Average
GB:CTL
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5.25
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GB:BHL
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CleanTech Lithium PLC Corporate Events
Business Operations and Strategy
CleanTech Lithium advances Laguna Verde with high-purity lithium carbonate output and new optimisation studies
Positive
Jul 24, 2026
CleanTech Lithium has produced about 330kg of high-purity lithium carbonate, with purities up to 99.91%, from eluate generated at its Laguna Verde DLE pilot plant and processed by Empower at a new facility in Dallas. An additional 250kg is contain...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
CleanTech Lithium plans investor webinar to outline Chile project and funding progress
Positive
Jul 15, 2026
CleanTech Lithium PLC will host a live investor webinar on 17 July 2026, led by chief executive Ignacio Mehech via the Investor Meet Company platform. The session is positioned as an opportunity for existing and potential shareholders to receive a...
Delistings and Listing ChangesPrivate Placements and FinancingShareholder Meetings
CleanTech Lithium boosts capital base and awards options after shareholder approval
Positive
Jul 1, 2026
CleanTech Lithium PLC said shareholders have approved all resolutions at a general meeting, paving the way for the admission of 55,007,875 new ordinary shares to trading on AIM on 2 July 2026. The issue, comprising conditional placing, retail offe...
Business Operations and StrategyExecutive/Board ChangesDelistings and Listing ChangesRegulatory Filings and Compliance
CleanTech Lithium Faces CEOL Delay but Extends CFO Mandate to Drive Funding and Dual Listing
Neutral
Jun 25, 2026
CleanTech Lithium has reported a delay in the ratification of its Special Lithium Operating Contract for the Laguna Verde project, with approval now expected later in the year as Chile’s Comptroller General reviews multiple decrees from the ...
Business Operations and Strategy
CleanTech Lithium CEO Targets Strategic Partners at Fastmarkets Lithium Summit
Positive
Jun 17, 2026
CleanTech Lithium PLC said chief executive Ignacio Mehech will attend the Fastmarkets Global Lithium, Battery and Critical Materials conference in Las Vegas from 22 to 25 June, using the event to meet key participants across the battery supply cha...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CleanTech Lithium chair converts fees into shares in conditional subscription
Positive
Jun 16, 2026
CleanTech Lithium PLC said non-executive chairman Steve Kesler has subscribed for 4,604,550 new ordinary shares at 6 pence each, settling accrued director fees in equity rather than cash. The subscription, which also entitles Kesler to one warrant...
Business Operations and StrategyExecutive/Board ChangesDelistings and Listing ChangesFinancial DisclosuresPrivate Placements and Financing
CleanTech Lithium narrows losses and advances Chile flagship amid lithium market recovery hopes
Positive
Jun 15, 2026
CleanTech Lithium has published its audited 2025 annual report, highlighting significant operational milestones at its flagship Laguna Verde project, including securing terms for a key operating contract with Chile’s Ministry of Mining and c...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CleanTech Lithium Raises Additional Retail Funds to Advance Chile Projects
Positive
Jun 10, 2026
CleanTech Lithium PLC has raised £603,830 in gross proceeds through a well-supported WRAP Retail Offer, adding to the £4.77 million placing completed earlier in June, with the funds earmarked for the same purposes as the institutional pl...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CleanTech Lithium Calls Key Vote on Fundraising to Advance Chile Projects
Positive
Jun 9, 2026
CleanTech Lithium has published a circular to shareholders, including notice of a 1 July general meeting in Jersey, to approve resolutions linked to its recently announced fundraising. The company has set out a detailed timetable covering the publ...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and ComplianceShareholder Meetings
CleanTech Lithium raises £4.77m to advance Chilean projects and strategic partner process
Positive
Jun 5, 2026
CleanTech Lithium has raised about £4.77m through an oversubscribed placing of 79.51m new shares at 6p, with most stock taken up by existing institutional investors and some new backers, and attached warrants exercisable at a 50% premium subj...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
CleanTech Lithium Ties Management Pay to Chile Project Milestones via New Option Plan
Positive
Jun 4, 2026
CleanTech Lithium PLC has outlined a new remuneration and incentive framework for its directors and senior management, centred on share options linked to project milestones at its Chilean lithium assets. The scheme is designed to align rewards wit...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
CleanTech Lithium Launches Retail Offer Alongside £4.5m Placing to Fund Chile Projects
Positive
Jun 4, 2026
CleanTech Lithium has launched a WRAP retail offer in the U.K. to raise about £250,000 via new shares at 6 pence each, with attached warrants on a one-for-two basis exercisable at 9 pence, alongside a separate £4.5 million institutional ...
Business Operations and StrategyExecutive/Board Changes
CleanTech Lithium Adds Veteran Energy Executive Leo Koot to Board Ahead of Growth Phase
Positive
Jun 4, 2026
CleanTech Lithium has appointed Leo Koot as an independent non-executive director, with effect from its upcoming First Admission, and named him chair of its Remuneration and Nomination Committees. Koot has been a board observer for the companyR...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
CleanTech Lithium launches £4.5m equity raise and converts debt to fund Chile project
Positive
Jun 4, 2026
CleanTech Lithium PLC has launched a multi-element fundraising to raise around £4.5m through a firm and conditional placing of new shares at 6p, alongside a retail offer of approximately £0.25m and an additional bookrunner option of up t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.