In a report released today, Sam Catalano from Wilsons downgraded Core Lithium Ltd (CXOXF – Research Report) to a Sell, with a price target of A$0.45. The company’s shares closed yesterday at $0.43.
According to TipRanks, Catalano is a 2-star analyst with an average return of 0.0% and a 33.72% success rate.
Core Lithium Ltd has an analyst consensus of Moderate Sell, with a price target consensus of $0.43, implying a 0.94% upside from current levels. In a report released on July 25, J.P. Morgan also maintained a Sell rating on the stock with a A$0.55 price target.
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The company has a one-year high of $1.28 and a one-year low of $0.40. Currently, Core Lithium Ltd has an average volume of 43.28K.
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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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