Citi analyst Kate McCutcheon maintained a Hold rating on Core Lithium Ltd (CXOXF – Research Report) today and set a price target of A$0.38. The company’s shares closed last Friday at $0.21.
According to TipRanks, McCutcheon is a 4-star analyst with an average return of 4.1% and a 54.14% success rate. McCutcheon covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals Limited, Northern Star Resources Ltd, and Core Lithium Ltd.
The word on The Street in general, suggests a Hold analyst consensus rating for Core Lithium Ltd with a $0.30 average price target.
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The company has a one-year high of $1.28 and a one-year low of $0.21. Currently, Core Lithium Ltd has an average volume of 35.61K.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CXOXF in relation to earlier this year.
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Core Lithium Ltd (CXOXF) Company Description:
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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