Goldman Sachs analyst Hugo Nicolaci maintained a Sell rating on Core Lithium Ltd (CXOXF – Research Report) today. The company’s shares closed yesterday at $0.34.
According to TipRanks, Nicolaci is a 4-star analyst with an average return of 16.3% and a 64.71% success rate. Nicolaci covers the Basic Materials sector, focusing on stocks such as Core Lithium Ltd, Pilbara Minerals Limited, and Northern Star Resources Ltd.
Core Lithium Ltd has an analyst consensus of Moderate Sell, with a price target consensus of $0.41, representing a 22.13% upside. In a report released on August 4, Wilsons also downgraded the stock to a Sell with a A$0.45 price target.
See Insiders’ Hot Stocks on TipRanks >>
CXOXF market cap is currently $675.3M and has a P/E ratio of -70.19.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on CXOXF:
