Consolidated Lithium Metals (CVE:CLM) Stock Price Down 33.3% – Time to Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) shares were down 33.3% during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 402,700 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 498,794 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Down 33.3 %

The firm has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. The stock has a market capitalization of C$3.56 million, a P/E ratio of -1.00 and a beta of 0.10. The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06.

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.