Consolidated Lithium Metals (CVE:CLM) Trading Down 50% – Time to Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) traded down 50% on Friday . The company traded as low as C$0.01 and last traded at C$0.01. 281,000 shares traded hands during trading, a decline of 10% from the average session volume of 311,934 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Down 50.0 %

The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38. The firm’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a market cap of C$1.78 million, a price-to-earnings ratio of -0.50 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.