Core Lithium Ltd (CXOXF – Research Report) received a Hold rating and a A$1.50 price target from Canaccord Genuity analyst Reg Spencer on August 22. The company’s shares closed yesterday at $0.93.
According to TipRanks, Spencer is a 5-star analyst with an average return of 22.6% and a 48.57% success rate. Spencer covers the Basic Materials sector, focusing on stocks such as Resolute Mining Limited, Evolution Mining Limited, and Allkem Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for Core Lithium Ltd with a $1.04 average price target.
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CXOXF market cap is currently $1.63B and has a P/E ratio of -311.33.
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Core Lithium Ltd is a lithium exploration company. The company is engaged in the exploration of lithium, copper deposits in Northern Territory and South Australia. Its projects include Finniss Lithium Project, and copper, zinc, and lead projects.
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