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Lithium Ionic (CVE:LTH) PT Set at C$1.25 by BMO Capital Markets

Key Points

  • BMO Capital Markets has set a target price of C$1.25 for Lithium Ionic (CVE:LTH), indicating a potential upside of 81.16% from its current price.
  • The stock is currently rated as "outperform" by BMO Capital Markets amid trading volatility, with shares recently rising to C$0.69.
  • Lithium Ionic's market cap stands at C$106.72 million, with a PE ratio of -2.73, highlighting financial challenges faced by the company.
  • Need Better Tools to Track Lithium Ionic? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Lithium Ionic (CVE:LTH - Get Free Report) received a C$1.25 target price from stock analysts at BMO Capital Markets in a research note issued on Wednesday, MarketBeat Ratings reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' target price points to a potential upside of 83.82% from the stock's previous close.

Lithium Ionic Stock Up 1.5%

Shares of LTH opened at C$0.68 on Wednesday. Lithium Ionic has a 52-week low of C$0.44 and a 52-week high of C$1.15. The firm has a 50-day moving average price of C$0.60 and a 200 day moving average price of C$0.74. The firm has a market capitalization of C$105.17 million and a PE ratio of -2.69.

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