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Core Lithium Ltd (CXOXF) was upgraded to a Hold Rating at Goldman Sachs
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Core Lithium Ltd (CXOXF) was upgraded to a Hold Rating at Goldman Sachs

Core Lithium Ltd (CXOXFResearch Report) received a Hold rating and price target from Goldman Sachs analyst Hugo Nicolaci today. The company’s shares closed last Friday at $0.29.

According to TipRanks, Nicolaci is a 4-star analyst with an average return of 13.7% and a 45.00% 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 $0.40.

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CXOXF market cap is currently $491.9M and has a P/E ratio of -55.77.

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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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