Consolidated Lithium Metals (CVE:CLM) Sets New 1-Year Low – Here’s What Happened

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 65000 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Up 50.0 %

The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06. The company has a market cap of C$5.34 million, a PE ratio of -1.50 and a beta of 0.10.

Consolidated Lithium Metals Company Profile

Consolidated Lithium Metals Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for lithium, molybdenum, tantalum, and diamond deposits. The company holds interests in the Vallée lithium project located in the La Corne and Fiedmont townships; the Preissac La Corne Lithium portfolio located in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite project located in Quebec.