GREEN TECHNOLOGY METALS LIMITED (GT1)
Share Price Analysis and Chart

18/08/2025

3

Downgrade to Speculative Hold from Speculative Buy

$0.045

12.50%

Green Technology Metals continues to advance its Ontario-based lithium projects, with Bell Potter highlighting progress across Seymour, Root and the Ontario Lithium Conversion Facility.

At Seymour, the company secured two 21-year mining leases, though the Definitive Feasibility Study (DFS) has been deferred amid weaker lithium prices, with the environmental assessment expected by end-2025.

Work is progressing on the Pre-Feasibility Study (PFS) in partnership with downstream development partner EcoPro Innovation, note the analysts.

Development will require a meaningful recovery in lithium prices, cautions the broker, though a vertically integrated path with EcoPro could improve feasibility.

Given development uncertainty, Bell Potter downgrades its rating to Speculative Hold from Speculative Buy and sets a 4.5c target price, down from 14c.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.20 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.60 cents.

29/07/2025

1

Speculative Buy

$0.18

350.00%

Canaccord Genuity has revised its outlook for the lithium sector from a conservative to a more positive outlook.

The broker believes demand is much stronger than previously expected, and for the first time since 2022, it expects demand growth to exceed supply growth.

SC6 price forecast lifted by 6% for 2025, 5% for 2026 and 22% for 2027. 

In the case of developer/explorer coverage, the broker's target price reduced by an average -5% due to project/financing delays and dilution from capital raising.

Speculative Buy maintained for Green Technology Metals. Target trimmed to 18c from 20c.