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

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

Consolidated Lithium Metals Stock Up 50.0 %

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

About Consolidated Lithium Metals

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.