Canaccord Genuity Group Reaffirms Speculative Buy Rating for Atlantic Lithium (LON:ALL)

Atlantic Lithium (LON:ALL)‘s stock had its “speculative buy” rating restated by analysts at Canaccord Genuity Group in a report released on Thursday,London Stock Exchange reports. They presently have a GBX 37 target price on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 96.81% from the company’s current price.

Atlantic Lithium Trading Up 5.9%

Atlantic Lithium stock traded up GBX 1.05 during mid-day trading on Thursday, hitting GBX 18.80. The stock had a trading volume of 5,115,598 shares, compared to its average volume of 2,414,419. The firm has a market capitalization of £140.76 million, a P/E ratio of -18.80 and a beta of 0.10. Atlantic Lithium has a one year low of GBX 5.32 and a one year high of GBX 20.40. The firm’s 50 day moving average is GBX 14.60 and its 200 day moving average is GBX 11.15.

Atlantic Lithium Company Profile